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Facebook shares rise in US premarket trading after global outage
short by Hiral Goyal / on Tuesday, 5 October, 2021
The shares of Facebook rose in US premarket trading on Tuesday after an hours-long global outage of its services that the company blamed on a "faulty configuration change". Facebook shares were up 1.5% to $331.20, paring a 4.9% slump on Monday. Frances Haugen, a former Facebook employee, earlier also accused Facebook of prioritising profits over user safety and public good.
read more at BloombergQuint