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Facebook Stock Plunges After WSJ Drops Bombshell Privacy Report

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By CCN Markets: Facebook stock plunged during mid-day trading on Wednesday after the Wall Street Journal published a bombshell report connecting CEO Mark Zuckerberg with questionable privacy practices at the social media behemoth. Facebook Stock Drops Nearly 3% in Minutes After WSJ Publishes Report FB shares dropped as low as $172.88 in the immediate aftermath of the report’s publication, knocking the stock nearly 3% off its previous close at $178.10. According to the Wall Street Journal, an FTC investigation had spurred the discovery of a trove of potentially-damning emails linking Mark Zuckerberg to controversial privacy scandals that have roiled Facebook

The post Facebook Stock Plunges After WSJ Drops Bombshell Privacy Report appeared first on CCN Markets

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* First published on ccn.com

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