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- Facebook lost almost $150 billion off its value on Wednesday after the company missed Wall Street's expectations on revenue growth and user numbers.
- Analysts lowered their price targets and said the worst is yet to come for Mark Zuckerberg's company.
- Follow Facebook's stock price in real-time here.
Facebook stock took an insane pummeling on Wednesday, wiping nearly $150 billion off of the company's value.
Disappointing second-quarter earnings and a far-from comforting management conference call were to blame for the dramatic share price tumble.
See the rest of the story at Business Insider
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See Also:
- NYU professor says Facebook should pay taxes for making us less productive
- Facebook security chief's brutally honest leaked email reveals how distraught the company was about being used by the Russians
- Facebook is losing its top lawyer, Colin Stretch
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