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Facebook stock falls 24 percent on forecast for slowing growth, rising expenses

Facebook stock falls 24 percent on forecast for slowing growth, rising expenses

5 years ago
Anonymous $RBasgWKaIV

https://www.reuters.com/article/us-facebook-results/facebook-stock-falls-24-percent-on-forecast-for-slowing-growth-rising-expenses-idUSKBN1KF2U5

Facebook Inc's stock fell as much as 24 percent after hours on Wednesday over concerns about the impact of privacy issues on the social media company's business, with executives warning that revenue growth would slow and expenses would rise.