Page 25 - ARUBA TODAY

BUSINESS Tuesday 20 March 2018
A25

This photo shows a sign for Wall Street outside the New York Stock Exchange. Facebook plunged
to its worst loss in four years Monday and led a rout in technology companies.
(AP Photo/Mark Lennihan)
Facebook drags technology companies down as stocks slide

By MARLEY JAY bet will face tighter regula- Jones industrial average
NEW YORK (AP) — Face- tion as a result. fell 335.60 points, or 1.3 per-
book plunged to its worst Daniel Ives, chief strategy cent, to 24,610.91.q
loss in four years Monday officer and head of tech-
and led a rout in technol- nology research for GBH
ogy companies. The social Insights, said Facebook is in
media company's stock a crisis, and it will have to
fell following reports that a work hard to reassure users,
data mining firm working investors and governments. Aruba Divi Phoenix
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bridge Analytica, was able Elsewhere, the British pound ________________________________209256
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book and said they want ain's departure from the EU ________________________________209256
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like Facebook and Alpha- cent, to 2,712.92. The Dow 25 Weeks remain $7500

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