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Facebook (FB) Stock Drops 3.33% Today amid Social Media Giant’s Weakening Ads Business

Because of COVID-19, consumer demand for advertising (30% to 45% of Facebook’s total revenue) has fallen. Facebook (FB) stock has also suffered. Today, it has opened at $158.92.Facebook Inc (NASDAQ: FB) stock is suffering as the coronavirus continues its spread and badly affects the market. On Tuesday, the Facebook stock closed at $161.23 and further dropped in the after-hours sales. Today, it has opened at $158.92 but already tanked by 3.33%. At the moment of writing, the Facebook stock...

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