1 year ago

Why Facebook stocks are volatile - lost 200 Billion in ONE NIGHT!!
Facebook shares crashed 25 percent on Thursday, losing more than $200 billion, the worst single-day fall by any company in the US stock market history. According to AP, CEO Mark Zuckerberg lost $29 billion with the company's massive one-day plunge. In this video, we will be discussing why the company's stocks have been down a lot in recent days.

After a disappointing revenue growth forecast in Facebook's quarterly earnings report released on Wednesday, the drop came. Facebook's revenue growth forecast was slower than expected, at just a 15 percent increase this year, compared to 42 percent last year.

Experts said that Facebook is facing saturation among its traditional users and is struggling to convert Instagram and WhatsApp users into money-spinning customers. After Facebook reported its second-quarter earnings last week, it managed to disappoint investors and analysts in several different ways. The main reasons for the shares dropping were warning that its revenue growth would slow down significantly and expenses would rise sharply, a slowdown in user growth, and the rising cost of privacy scandals.

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