“I’m dumping my @facebook stock and deleting my page because @facebook profited from Russian interference in our elections and they’re still not doing enough to stop it,” Jim Carrey tweeted on 6 February. “I encourage all other investors who care about our future to do the same. #unfriendfacebook.”
Facebook shares closed at $185.31 (£131.27p) on 6 February, but have fallen more than 9 per cent this week to their lowest since September following the news that Cambridge Analytica accessed data from 50 million users without their permission. The stock closed at $168.15 Tuesday.
The sell-off in Facebook shares has been fast and furious. They have shed 9 per cent in just two days and wiped roughly $50bn (£35bn) in market cap. During the sell-off, Facebook has slipped one place in the rankings of the most valuable US companies, falling from fifth to sixth and is now behind Warren Buffett’s Berkshire Hathaway.
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Philip Hammond and Mark Carney are in China to secure £1 billion of trade deals
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