Facebook shares dropped some 21 per cent in after-hours trade, on the back of a weak second-quarter outlook. Photo: Reutersile photo

Facebook shares in free fall, plunging 21 per cent as weak outlook stuns market

The huge drop will have wiped out US$130 billion in market value, if the slump is confirmed in Thursday’s market opening

Topic |   Facebook

TOP PICKS

Facebook shares dropped some 21 per cent in after-hours trade, on the back of a weak second-quarter outlook. Photo: Reutersile photo
READ FULL ARTICLE