Facebook just had the worst day in stock market history

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Those problems hadn't mattered to the success of the business - until now.

Wall Street investors have recently seemed to think that tech stocks were a slam-dunk, Facebook's a reminder that in the stock market, there are no guarantees.

"We plan to grow and promote certain engaging experiences like Stories that now have lower levels of monetization, and we are also giving people who use our services more choices around data privacy, which may have an impact on our revenue growth", said CFO David Wehner.

On start of play Thursday 26 July, when United States markets reopened, Facebook saw more than $109 billion (£83 billion) wiped off of its market valuation. Twitter was down 6 percent, Amazon and Google 2 percent and Apple 1 percent. "We're starting to see that this quarter", he said.

For Facebook, financial stumbles are rare. Not only that but Facebook has had concerned citizens of the world question its privacy, data collection, and its stance on fake news, and hate speech. "Our view is that the company is far from out of the woods", Brian Wieser of Pivotal Research said.

According to techcrunch.com, it seems as if Facebook announced the stat in hopes of deflecting attention from the fact that its user count shrank in Europe and was flat in the U.S. and Canada, contributing to extraordinarily low monthly and daily user growth.

Factors contributing to Facebook's slowing sales growth include currency-exchange rates, compared with "the tailwinds we have experienced over the last several quarters", Wehner said.

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Revenue increased 4% to $13.2 billion in the quarter. Analysts were expecting $2.1 billion, according to Thomson Reuters. The set of regulations gives users more control over their online data. Lastly, combine all these with the company's decision to experiment with "Stories" and try to coax advertisers towards the platform at a time when its bases appear uncovered does not sit well for investor sentiment.

Before the earnings report, the bank had forecast Facebook shares would soon be worth $228 each.

Some shareholders are saying Zuckerberg has gripped too much power at the company. The company may have halted more ad purchases than expected as it applied a broad definition of what's considered "political".

Zuckerberg placed himself in the midst of yet another controversy after he received considerable backlash for justifying the lack of diligence Facebook demonstrated while handling offensive social media content posted by Holocaust deniers. The company owns three other properties with more than 1 billion users: WhatsApp, Messenger and Instagram. It reached $25.91 per user, up from $23.59 during the first quarter.

Zuckerberg's critics believe appointing an independent chairman would lead to better management, while Facebook argues this would create "uncertainty, confusion, and inefficiency". Zuckerberg emphasized the investments the company has made to improve safety and security on the platform. The company is also rapidly expanding its real estate around the world to accommodate a hiring spree, which includes thousands of new workers to help combat foreign election manipulation on the site.

Shares in Facebook plummeted 19 percent to close at $176.26 Thursday, wiping out $100 billion. That surprised investors because of the belief that the new laws wouldn't hurt revenue.

One day earlier, Facebook had released a disappointing second-quarter financial report.