Zuckerberg Lost 16.8 Billion in Two Hours Overnight. Boo Freaking Hoo.

Maclean's / YouTube Mark Zuckerberg s hearing Seven questions...
Maclean's / YouTube

Facebook Kingpin Mark Zuckerberg, who allowed Russian Bots and Ad buyers to subvert our democracy for chump change two years ago, and continues to allow Alex Jones to call Bob Muller a pedophile and threaten to murder the special prosecutor who is trying to remedy the mess he helped to make, lost 16.8 thousand millions last night.


USA Today:

“SAN FRANCISCO — Facebook lost about $130 billion in market value in just two hours, its steepest stock decline ever, after warning of slowing sales growth.

The stock, which remained down 20 percent in premarket trading Thursday after plunging as much as 24 percent in after-hours trading Wednesday, had a cascading effect on competitors Snap and Twitter, which dropped, too.

Chief financial officer David Wehner triggered the selloff when he said sales growth would continue to slow through the rest of the year. Shares, which had already declined 7 percent after hours, then fell as much as 24 percent after the comments on a conference call with analysts.

The personal wealth of Facebook co-founder and chief executive Mark Zuckerberg took a major hit. He lost $16.8 billion in extended trading. If that loss holds through Thursday’s close, he will slip to sixth place from third in the Bloomberg Billionaires Index.”

Kharma is a Mother Trucker, Z-man.

Thank you to all who already support our work since we could not exist without your generosity. If you have not already, please consider supporting us on Patreon to ensure we can continue bringing you the best of independent journalism.

Leave a Comment

Be the First to Comment!

Notify of