In Monday’s Blitz Daily, we take a look at beaten-down social media company Facebook as traders are buying the blood following a “60 Minutes” interview with a former employee turned whistleblower.
Releasing tens of thousands of pages of emails and other internal documents, the whistleblower alleges Facebook lied about its efforts to remove misinformation and hate speech from its social media websites.
It’s certainly not a good look for the company publicly, and sent the stock down about 5.5% Monday to $323 per share.
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