Facebook stock dives nearly 20% on warning of slow revenue growth
Found on Ars Technica on Thursday, 26 July 2018
Facebook has shown that it cannot sail forever forward while facing various storms, including Cambridge Analytica and the Russian government's use of the social media platform to sow divisions amongst Americans during the 2016 presidential campaign.
Wall Street didn’t take too kindly to that: Facebook’s stock price dropped nearly 20 percent in after-hours trading.
It's about time.