Tuesday, March 19, 2019

Facebook's Stock Just Had Its Worst Day Of 2019

It's only March, how bad can it be? Facebook "hold my beer."

Facebook shares had their worst day of the year Monday, falling 3.3 percent and extending last week's losses. The drop came after the company lost its chief product officer, Chris Cox, last week. Analysts at Needham downgraded the stock on Monday over growing concern that more top executives could follow the leads of Cox and Chris Daniels, the head of WhatsApp, who also resigned.