Facebook's owner Mark Zuckerberg is in news once again. This time it is negative news for him. His company Facebook, one of the biggest social media platform lost nearly $120 Billion in just 1 day. The stock closed 19% down to $176.
After a warning that the revenue growth will fall by significant value, investors declined the stock of Facebook.
This is the highest one-day loss recorded in an individual's wealth. Before this downfall, Mark Zuckerberg was the 3rd richest man of the World & now slipped to 6th richest.
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