Trading at low levels for the day
Facebook shares are trading down -5.92% and trade below the 150 level. The price is not close below the 150 level since July 2017.
German justice minister said this morning that:
- They will have to regulate companies like Facebook much more strictly, as promises are not enough
The FTC also announced that they will probe Facebook data practices.
The fall has helped drag a major indices back lower after sharp early gains today.
- The S&P index is up 16 points or 0.63% at 2604. The high reached 2639.26
- The NASDAQ composite index is up 37 points or 0.54% at 7031. The high reached 7141
- The Dow is up 233 points or 0.99% at 23777. The high reach 24044