Facebook stock drops roughly 20%, loses $120 billion in value after warning that revenue growth will take a hit

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Facebook Inc. is evidently not bulletproof. On Thursday, Facebook FB, -18.96% lost about $120 billion in market capitalization, after its earnings report after the market close on Wednesday missed expectations on revenue and showed slowing user growth.

from Google Alert - Business https://ift.tt/2JYCiPO
Facebook Inc. is evidently not bulletproof. On Thursday, Facebook FB, -18.96% lost about $120 billion in market capitalization, after its earnings report after the market close on Wednesday missed expectations on revenue and showed slowing user growth. https://ift.tt/eA8V8J

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