Facebook shares are on a downward trajectory

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Shares of Facebook fell 1,5 percent in pre-conference trading on Thursday as Mark Zuckerberg apologized for failing to allay Wall Street concerns about how the company handles the leak of personal user data.

Zuckerberg yesterday promised tougher measures to limit the access of those who develop applications to the personal data of users, in his first position regarding the case that has erupted.

Analysts from various brokerage firms expressed relief that in Zuckerberg's first public comments on the issue there was no evidence of a more radical change in the company's revenue model.

Shares of Facebook, however, have fallen in the last two to three days, draining nearly $ 46 billion from the company's capitalization, with some analysts saying it is clear the company will incur additional costs to recover. her reputation in the coming months.

 

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