In the New York (NNI), Facebook’s CEO Mark Zuckerberg’s star came in circulation. In the Stock market of New York in America, 16 Billion Dollars Reduction in the Wealth of Mark Zuckerberg by dropping Price of Facebook Shares. The Company lost a loss of 16 Billion Dollars in one day. According to the details, Social Media Company suffers the Chief Executive Mark Zuckerberg, owner of Facebook, in the loss of 16 billion dollars in just one day.
According to the United State TV, at least sixteen Broker companies, in the United State Stock Market, had reduced their own Facebook shares price target in the past days. Facebook’s Worth was 124 billion Dollars after 19.6 percent reduction in rate. It is clear that the Company’s prediction on the reduction in Facebook’s business savings in this year and in the coming years was the main reason for dropping of Facebook’s Shares. Chief Financial officer of Facebook David Wehner states that because of these Facebook situations it can restrict business margin for several years. According to Stock market experts, his statement was like a bomb on the stock market of Facebook.