https://qz.com/1340290/facebooks-market-cap-just-lost-150-billion-thanks-to-privacy-scandals/

Well, it couldn’t last forever.

Facebook’s investors have been brushing off the company’s political and privacy scandals since the 2016 US election. That was until Facebook chief financial officer David Wehner said on a second-quarter earnings call today (July 25) that those scandals would take an extensive toll on the company’s finances.