Tech Podcast: Zuckerberg's riches take a hit as Facebook stock plunges : Bulletin: Business Today
Business Today
 

Tech Podcast: Zuckerberg's riches take a hit as Facebook stock plunges

Loading the player...
Comment

July 29, 2018

Facebook stocks tanked 25 per cent in a matter of two hours on account of disappointing second quarter financial results and subsequent earnings call. This wiped as much as $150 billion from the company's market value. The decline even left Facebook CEO Mark Zuckerberg poorer by over $16 billion, wiping his gains for this year.
More from this section