Mar 19, 2018 - Technology

Facebook loses over $36 billion in market value

Thumbs down Facebook graphic.

Photo by Ted Soqui/Corbis via Getty Images

Facebook stock fell 6.77% on Monday, following weekend revelations that 50 million users had their data improperly accessed by a Trump-linked analytics firm. For a brief period around noon, the loss had exceeded 8%.

Bottom line: The loss cut into Facebook's market cap by more than $36 billion.

Data: Money.net; Chart: Axios Visuals
Data: Money.net; Chart: Axios Visuals
Go deeper