Why Facebook Stock Dropped Again Today
And the hits just keep on coming for Facebook (NASDAQ: FB) -- in a bad way.
Earlier this week, Facebook stock was slammed when it became apparent that The Wall Street Journal is publishing a multipart series on problems at the social network, airing dirty laundry in a manner that seems almost certain to affect the company's share price.
And affect it, it has. So far this week, Facebook stock has slumped 3.6%, a decline of more than $36 billion in market capitalization, including today's 2.1% decline through 1:20 p.m. EDT.
Source Fool.com
