Facebook shares plunge: Here's how Wall Street is reacting

1:59 PM ET Thu, 26 July 2018

Thursday's plunge knocked roughly $120 billion in market value off the tech stock and is dragging the rest of the sector lower. Before Thursday, Facebook's largest single-day loss came in July 2012 when it shed 11 percent. The company missed projections on key metrics after struggling with data leaks and fake news scandals.