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Facebook shares fall 8.3% after company boycott announcement
After a series of companies, such as Unilever and Coca-Cola, said they would suspend their ads on social media, Facebook’s shares fell 8.3% on Friday (26), with a loss of $ 56 billion (R $ 306.8 billion) of the company’s market value.
According to Bloomberg, with this devaluation, the company’s president, Mark Zuckerberg, saw his wealth fall by US $ 7.2 billion (R $ 39.4 billion).
Read more at Folha de S.Paulo.