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Facebook Stock Suffers Largest One-Day Drop In History Losing $119 Billion

Facebook lost about $119 billion of its value on Thursday, marking the biggest one-day loss in U.S. market history.  The company’s shares plunged $41.24, or almost 19 percent, to $176.26 a day after the social media giant reported disappointing results. The slide is the largest decline in market capitalization in history, exceeding Intel’s $91 billion … Read more

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