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Facebook Stock Plummets, Losing $119 Billion in Value

HeadlineJul 27, 2018

Facebook’s stock value plunged Thursday by $119 billion—the largest one-day drop in market value for any company in Wall Street’s history. The crash wiped nearly $16 billion from CEO Mark Zuckerberg’s net worth, though the Facebook founder remains one of the planet’s richest people with an estimated $70 billion in assets.

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