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Facebook braces for stock wipeout as lower margins loom
9:18am, 26th July, 2018

Facebook braces for stock wipeout as lower margins loom

Facebook Inc Chief Executive Officer Mark Zuckerberg's fortune is set to take a $16 billion hit on Thursday, as the social media giant braces for the biggest one-day wipeout in U.S. stock market history, a day after its executives forecast years...