Social network Facebook has become a party to an unpleasant situation. The mass media reported that there was the information that Cambridge Analytica had illegally obtained personal data of the Facebook users for compiling psychological portraits of the US voters. Data were received during the presidential election in 2016, without knowledge and consent of users of the social network. This situation perturbed the users and instantly affected the price of Facebook shares.
In the last few days, Facebook shares have decreased by 6.7% and will continue to decline further based on the news. Trading will be available during the American session, from 14:40 to 21:00 GMT.
The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions