Facebook loses millions

Since the beginning of the week, shares of Facebook (FB) remain under pressure due to a scandal about the leakage of user data. As a result, the social network Facebook lost more than $ 60 billion, and shares fell by 6.8%, reports Bloomberg.

Concerning Facebook, an investigation was initiated by the US Federal Trade Commission, and Facebook founder Mark Zuckerberg is invited to the European Parliament. The main question to Facebook is: what was the purpose of collecting data on users of the network and who was given these data to.

At the moment Facebook shares remain under pressure and this is before official lawsuits and full-scale investigations. On Tuesday, March 20, these shares have already been updated minimum of September last year. And with the opening of trading on Wall Street, one should expect a new decrease due to the news that Zuckerberg is invited to the European Parliament to testify.

In addition, this scandal has exacerbated the problem of confidential information, which can provoke a wave of bills directed both against Facebook and other companies that have access to such information.

Shares of Facebook remain under pressure of scandal, and the next support levels are located at the levels: 162.00-161.00 and 153.00.

Facebook stock chart. The current price before the opening of trading is 168.10.

Hanzenko Anton