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Why Facebook Stock Fell Monday


Shares of social network Facebook (NASDAQ: FB) took a hit on Monday, falling as much as 8.8%. As of 1:56 p.m. EDT, however, the stock was down 6%.

The stock's decline on Monday was likely primarily driven by a sharp decline in the overall market as investors worried about the continued spread of the COVID-19 coronavirus and an oil price war launched by Saudi Arabia.

Image source: Facebook.

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Source Fool.com

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