May 10, 2018 - Technology

Facebook stock has fully recovered from Cambridge Analytica scandal

Facebook stock today closed up 1.53% to $183.53 per share, which is higher than before the March revelation that user data had been improperly obtained Cambridge Analytica.

Bottom line: Wall Street is no longer worried that the privacy scandal will either diminish Facebook usage or lead to costly U.S. regulations.

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