Saw shares of the social networking site months global Facebook Facebook sharp decline on Thursday the loss amounted to more than $ 100 million, so as not to opened shares of the company decreased by approximately 20%, in the loss is the largest in the history of the company.
Back specialists of the loss in value of the shares to the backlash faced by the company from investors on its cooperation with the news counterfeit data users, especially after Facebook announced that it expected to increase spending by 50% or more, in order to improve the method of tracking content and advertisers and to deal with user data, during the announcement of results for the third quarter of this year.
Warned Facebook investors that the proceeds will be affected due to the benefit of the people of the new options for advertising, and profit margins of Facebook, who also owns WhatsApp WhatsApp, Instagram or Instagram, you will adhere to the scope of the 30% drop from the 44% achieved during the last quarter.
LED falling shares of Facebook to the loss of its founder and its Executive Director Mark Zuckerberg about $ 16.5 million of his fortune, which is estimated to be million in last June.
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