Facebook looses 5 billion in stocks in the past 48 hours as a key leader leaves the company


Local estimations project a 5 billion loss of assets in total in Facebook’s net worth during the past 48 hours.

Price for a stock share fell by exactly 1.048% in the past 48 hours, going from $169,78 to $161,78, totaling in a $5bln loss from an estimated net worth of $480bln.

This is just after the Meta parent company settles another personal data breach lawsuit related to the Cambridge Analytica election fraud scandal that started 9 years ago in 2013 which eventually led to the election of President Trump in the United States in 2016.

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