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Wiki: "In economics, profit is the difference between revenue that an economic entity has received from its outputs and total costs of its inputs, also known as surplus value. It is equal to total revenue minus total cost, including both explicit and implicit costs."
Friday, 27 July 2018
Facebook Shares Plunge: Here's How Wall Street Is Reacting | CNBC
Facebook Shares Plunge: Here's How Wall Street Is Reacting | CNBC
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.
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Facebook Shares Plunge: Here's How Wall Street Is Reacting | CNBC