In the wake of the Cambridge Analytica privacy scandal, Facebook's stock is down 10 percent over the last week and advertisers have pulled away from the platform.
Facebook’s stock price was down by more than 7% March 19, following a weekend of backlash against the company, after it was revealed that Trump campaign consultant Cambridge Analytica harvested the data of up to 50 million …
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Like most of the world’s richest people, Mark Zuckerberg’s net worth is determined largely by the rise and fall of the stock market. In particular, Zuckerberg’s wealth is based on the performance of Facebook shares. Early on Monday, the …
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Facebook Inc.'s stock tumbled Monday after the social media company accused a data analytics firm used by the Trump campaign of exploiting ill-gotten data belonging to unwitting Facebook users. Shares of Facebook sank 6.7% to …
Shares of Facebook (FB) dropped again Tuesday after reports of harvested user data from controversial political data analytics firm Cambridge Analytica. Facebook CEO and founder Mark Zuckerberg still managed to avoid a bigger …
The Federal Trade Commission is opening an investigation into the Cambridge Analytica scandal as Facebook executives are expected to face tough questions on Capitol Hill.
Many times on Wall Street, stock analysts just regurgitate the same tired old analyst jargon when reporting on a stock. That wasn’t the case late Wednesday when Stifel analyst Scott Devitt brought the hammer out as he cut the firm’s …
CBS NEWS - MONEYWATCH Facebook started Monday with a litany of legal challenges and a plunging stock price. By day's end - shares had eked out a gain. The Federal Trade Commission announced Monday morning that it was …
Facebook stock is on the verge of tipping into a bear market, and with regulators in the U.S. and Europe vowing to take action against the company investors shouldn’t expect it to recover anytime soon. On a day in which the Dow Jones …
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Facebook isn’t getting a lot of likes this week. The company took a pounding on the stock market for the second straight day as the social network grapples with a massive data scandal. Facebook stock was down about 4% by 3 p.m. …