Facebook stocks today dropped a record 19 percent – valued at $119 billion – the biggest one-day loss for a public company in stock market history, reports CNN. The loss came as the company shifts to paying more attention to user privacy after the Cambridge Analytica scandal.
I suspect cons are cheering the loss, but I’m happy that the company looks to be paying a little more attention to its users. It made some big mistakes. Hopefully, it has learned from them.