Facebook Shares Plunge
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US $130 billion wiped off market value after awful earning report.
San Francisco - Facebook Inc. saw first sign of user in the privacy and content of the users goes viral. On the second quarter revenue the visitor missing analyst projection.
Chief financial officer David Wehner said sales growth continue to slow through rest of the year 2018. Which had declined that 7 per cent in extended training on Wednesday 25 July 2018. Wiping more than US $130 billion off the company's market value.
"The core Facebook platform is declining," said Brian Wieser an analyst at Pivotal research group.
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