FOLLOW US.

>> FACEBOOK MADE HISTORY IN A

WAY THAT MADE INVESTORS CRINGE.

THE SOCIAL NET WORKING GIANT

LOGGED THE BIGGEST SINGLE DAY

LOSS IN STOCK MARKET HISTORY.

$120 BILLION IN MARKET VALUE

GONE.

OUR BUSINESS AND TECH REPORTER

HAS BEEN TRACKING THE STOCK.

THIS STARTED YESTERDAY WHEN THE

EARNINGS REPORT CAME OUT.

>> THAT’S RIGHT.

IT WAS YESTERDAY AFTERNOON

FACEBOOK REPORTED THE QUARTERLY

EARNINGS.

BOTH USER GROWTH WILL SLOWED AND

FUTURE REVENUE IS EXPECTED TO

SLOW IN THE FUTURE.

TWO PIECE OF BAD NEWS FOR A

COMPANY WHOSE NVT TORS HAS BEEN

USED TO STEADY GAINS.

A STAMPEDE TO THE EXITS.

THE COMPANY LOSING $120 BILLION

WORTH OF STOCK VALUE.

THAT IS THE WORST DAY EVER FOR A

PUBLICLY TRADED COMPANY.

FADE BOOK TOPPING THE BIGGEST

LOSS LIST HAVING LOST IN A DAY

AS MUCH AS THE ENTIRE VALUE OF

McDONALDS OR NIKE.

INTEL AND MICROSOFT THAT WAS

BACK IN THE.COM BUST.

WHAT DO INVESTORS AND FACEBOOK

USERS THINK OF THE COMPANY NOW?

>> I DON’T SEE ANYBODY IN MY

FRIEND GROUP USING IT.

OTHER THAN FORCED TO BY HAVING

ADULTS THAT ARE INTERACTING ON

THERE.

>> IT’S BASED ON GROWTH RATE.

YOU CAN’T HAVE INFINITE GROWTH

RATE.

>> FACEBOOK HAS IT’S SEEN ITS

TIME.

IT’S DONE SOME THINGS WITH DATA

THAT PEOPLE ARE UNCOMFORTABLE

WITH.

THE YOUNG GENERATION THERE LIKE

THAT’S GRANDMAS BOOK.

>> WE HEARD FROM TECH INVESTORS

AND REPORTERS.

AND IF YOU DIG DOPER YOU’LL SEE

NOT ALL IS LOST FOR THE COMPANY.

IN THE EARNINGS REPORT THEY SAID

THEY’LL SPEND MORE MONEY TO GO

ON A HIRING BINGE.