Why Facebook Stock Dropped Today
Shares of Facebook (NASDAQ: FB) stock slipped 2.1% in 12:15 p.m. EDT trading Wednesday.
That may not sound like much, but on a $1 trillion dollar stock, it works out to about a $20 billion decline in capitalization. (For context: If Twitter suffered a loss of that magnitude, its stock would be down nearly 40%!)
Image source: Getty Images.
Source Fool.com
