---
title: "Facebook Experiences Record-Breaking Stock Plunge"
url: https://burnaze.com/article/e3479c68-1f41-4b8f-87dc-9ab8000d8723
source: "1851 Franchise"
original_url: https://1851franchise.com/facebook-experiences-record-breaking-stock-plunge-2707290
category: "Technology"
topics: ["Technology"]
published: 2018-07-27T14:09:07.000Z
modified: 2026-11-01T02:35:06.699Z
image: https://newimage.1851franchise.com/cdn-cgi/image/quality=85,format=webp,width=1280,height=720/story/featureImage/d720ff018ca8c0d88727bca9d13b704732.jpg
---

# Facebook Experiences Record-Breaking Stock Plunge

**TL;DR:** Facebook's stock price plummeted by 19 percent after the company forecasted slowed growth. The drop was the largest single-day decline for any public company in history, with a loss of $119 billion in market value.

*originally published in 1851 Franchise on 2018-07-27. [Read the original](https://1851franchise.com/facebook-experiences-record-breaking-stock-plunge-2707290).*

## Story

After the company forecasted slowed growth as it recalibrates to “put privacy first,” its stock price plummeted by 19 percent, CNN Tech reports.

That’s roughly $119 billion in market value, making the drop the largest single-day decline for any public company in history. Facebook’s previous worst single-day stock performance occurred on July 27, 2012, when fears over the company’s ability to sell mobile advertising sunk stock by 11.7 percent.

## Entities

- 1851 Franchise (publication)
- General (sector)
- Facebook (company)
- privacy concerns (topic)
- market value (topic)
- stock plunge (topic)

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Originally reported by 1851 Franchise (https://1851franchise.com/facebook-experiences-record-breaking-stock-plunge-2707290). Summarized by Burnaze (https://burnaze.com/article/e3479c68-1f41-4b8f-87dc-9ab8000d8723).