Facebook’s Stock Tumbles Again, Value Drops By More Than $50 Billion
Facebook’s stock is sliding for the second day in a row. Shares of Facebook fell another 5 percent Tuesday on the heels of the company’s worst day in four years. More than $50 billion has been wiped off Facebook’s market value this week. Investors punished Facebook after Cambridge Analytica, which had ties to President Trump’s 2016 campaign, reportedly accessed information from about 50 million Facebook users to influence voters.