Facebook lost $56 billion in market cap Friday afternoon

This Facebook thing has legs. Large advertisers around the country began pausing their campaigns on social media platforms to demonstrate their dislike of being associated with some of the racist content that sometimes goes unmoderated, and over the weekend, the list of advertisers went global. Now it’s Coca-Cola, Starbucks, Unilever, Levi-Strauss, Upwork, Verizon, Hershey’s, Beam Suntory, Honda and others. Th...

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source https://thereformedbroker.com/2020/06/29/facebook-lost-56-billion-in-market-cap-friday-afternoon/