Facebook loses $120 billion in market cap after awful Q2 earnings — AmaNews Info

Facebook’s share price fell more than 20 percent in after-hours trading today after the company announced its slowest-ever user growth rate and a scary warning that its revenue growth would rapidly decelerate. Before today’s brutal Q2 earnings, Facebook’s share price closed today at $217.50 — a record high — but fell to around $172 after […]

via Facebook loses $120 billion in market cap after awful Q2 earnings — AmaNews Info

Alexander Webber

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