The Zuckerberg Blues: Facebook's $232 Billion Face Plant Sets Record for Largest One-Day Market Value Drop
Facebook lost more than $232 billion in value following the announcement of the company losing daily users for the first time ever. The humiliating 26 percent drop in the company's stock price set a record for the largest one-day loss in market value ever in history. The loss is $50 billion more than the previous record holder, Apple's one-day loss in September 2020 of $182 billion.