Wed, Mar 21, 2018
Facebook reportedly fell as much as 5.2 percent to $175.41 on Monday in New York, wiping out all of the year’s gains so far. It was the biggest intraday drop since January 12. The stock dropped another 2.6 percent on Tuesday to close at $168.15, after Bloomberg reported that the company is under investigation by the Federal Trade Commission, citing a person familiar with the matter.
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