Facebook sees $60 billion in market value erased in just 2 days as advertisers like Starbucks and PepsiCo halt social-media spending

Business Insider

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· *Facebook shares fell roughly 1% on Monday as more advertisers boycotted its platform. The drop followed an 8.3% slide on Friday amid the first round of pulled advertising.*
· *The two-day stock decline has resulted in roughly $60 billion in market value being erased from Facebook's market value.*
· *Starbucks,...

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