In July, Facebook announced its first quarterly revenue decline since going public in 2012.

The group is now the world's 12th most valuable company. Last week, Facebook lost some $62 billion in market value, pushing it out of the Top 10 in terms of market capitalization. See the company profile for NVIDIA Corporation (NVDA) including business summary, industry/sector information, number of employees, business summary, corporate governance, key executives and their. 16, Facebook shares ended the trading week with a total drop of 13.5% to $146.29, close to their lowest price of $146.01 on March 16, 2020, when restrictions imposed in the early days of the covid-19 pandemic caused panic among investors. The social network allowed the consulting firm, which partnered with the Donald Trump campaign team ahead of the 2016 presidential election, to harvest private data from tens of millions of its users that allowed it to profile voters. ARM listing: Why UK is desperate for Cambridge chipmaker to.

At the time, Facebook was mired in the Cambridge Analytica scandal. Chip Stocks Like Nvidia, Intel Keep Plunging to New Lows. This level of market cap is the lowest level ever reached by Mark Zuckerberg's empire since Jan. The company weighs only $393.2 billion, down 63.5%. A year later, Facebook's market capitalization has been reduced by nearly two-thirds.

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