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Assignment help 41

In mid-March 2018, The Guardian and The New York Times initially reported that personal data related to 50 million Facebook accounts had been shared with a third party called Cambridge Analytica. Subsequently, this figure was revised to 87 million Facebook profiles. (background)

On 25 July 2018, Facebook announced its second quarter earnings. How did investors react over the next few days as reflected in the Facebook share price? Why do you think investors reacted the way they did in this period?  provide a complete list of references of the sources you used.


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