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 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 …
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. …
Inc.’s share-price fall on Monday shaved roughly $35 billion from its market cap, enough to remove it from the ranks of the five biggest companies in the S&P 500. The social media giant’s stock was down 7.2% in intraday trade after …
In this April 4, 2013 file photo, Facebook CEO Mark Zuckerberg walks at the company's headquarters in Menlo Park, Calif. Facebook has dropped 13.5 percent after allegations a political consulting firm working for the Trump campaign …
Facebook’s stock price fell deeper Tuesday after reports of expanding U.S. and U.K. probes into its role in the unauthorized use of personal information by a Trump-connected data firm. The social media company has been under …
NEW YORK — Mark Zuckerberg might want to delete the last ten days from his timeline and everyone else's. In a little more than a week, Facebook has turned from one of the market's darlings to a stock investors are running from. …
Facebook's stocks plunged to its worst loss in four years Monday as its officials faced calls from across the world to testify over the Cambridge Analytica data scandal. The firm funded by the conservative billionaire Mercer family and …