Zuckerberg had a great response since he didn’t restrict violent posts about Donald Trump in recent days, and as a result, Facebook shares are currently losing value. Some estimate that the decline will continue for a while. Let’s take a quick look at why this is so.
Known as one of the biggest social media giants in the world, Facebook also has a huge responsibility. The Firm is expected to take action whenever there is any violent trend around the globe. This time, when violent sharing was made by the President of the USA, Facebook could not put any obstacles.
Facebook shares drop due to reactions
The decision by the CEO of the company, Mark Zuckerberg, to not interfere with the shares about Donald Trump angered the advertisers. The 8 most important companies advertising to the organization withdrew these ads. As a result, investors remained somewhat pessimistic about this.
Companies that sold Facebook shares on the stock market quickly caused the shares to drop. It is among the incoming information that the shares fell by 8.3% and Zuckerberg lost $ 7.2 billion from his wealth and his total wealth fell to $ 82.9 billion.
Even if no one expected such a sharp drop, it was still predictable. But even Zuckerberg probably had a hard time knowing a terrible drop of 8%. It is not known how he made a deal with the president of the USA, but most still do not think positively about Zuckerberg. Why do you think Mark Zuckerberg does not interfere with Donald Trump’s posts? You can transfer your predictions to us from the comments section.