FB Stock: Is Facebook Headed Towards a Record-Low?

Posted On July 26, 2018 2:48 pm

fb stock, facebook logo

Source: Flickr.com/Photos/MikeMacMarketing

Facebook is on pace for its worst day as a public company after opening 19.6 percent down on a Q2 revenue miss and disappointing daily active user count.

Shares fell as low as $174.48 Thursday morning. The stock ended trading Wednesday at $217.50. You can follow the tick-by-tick changes on CNBC.

Thursday’s plunge knocked roughly $120 billion in market value off the tech stock and is dragging the rest of the sector lower.

Continue Reading Original Article at CNBC.com

Tagged with:

About author