Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Facebook Stock Fell 5% on Wednesday

TheMotleyFool

0 0

Shares of Facebook (NASDAQ: FB) were hit hard on Wednesday, falling as much as 5.2%. As of 3:15 p.m. EDT, the stock was down 4.8%.

The tech stock's decline was likely primarily due to a bearish day in the overall stock market. But the pullback may also have been driven in part by representatives from Facebook, Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) (NYSE: TWTR), and Twitter testifying before the Senate Commerce Committee.

Facebook CEO Mark Zuckerberg. Image source: Facebook.

Source Fool.com

Like: 0

Share