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# Facebook Loses $50B Market Value, #DeleteFacebook Rages
- URL: https://www.hypebot.com/facebook-loses-50b-market-value-deletefacebook-rages/
- Published: 2018-03-21T10:15:00.000Z
- Updated: 2018-03-21T10:15:00.000Z
- Description: Facebook’s total market has fallen more than $50 billion since Friday, the stock’s biggest two-day decline ever. Facebook’s stock fell 10% on Monday and Tuesday and was down another 2%. Continue reading [https://www.hypebot.com/hypebot/2018/03/facebook-loses-50b-market-value-deletefacebook-rages.ht
- Author: Bruce Houghton
- Tags: Music Business, Music Tech, Social Media, DIY, DIY musicians, Facebook, indie, music, music industry, musician, musicians, stock, #wp, #wp-post, #Import 2026-01-21 10:05

[![Facebook thumbs down](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b8d2e4402e970c-150wi "Facebook thumbs down")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b8d2e4402e970c-popup?ref=hypebot.com)Facebook’s total market has fallen more than $50 billion since Friday, the stock’s biggest two-day decline ever. Facebook’s stock fell 10% on Monday and Tuesday and was down another 2% in Wednesday morning trading. In addition to its stock market problems, #DeleteFacebook has been trending on Twitter.All of this comes after it was revealed that the social network unwittingly shared data for as many as 50 million people with Cambridge Analytics, a firm that provided services to the Trump election campaign.

> We traded a market square for the Internet, but all of the closed-mindedness and cynicism came with it.  
>  
> Is it time to [#deletefacebook](https://twitter.com/hashtag/deletefacebook?src=hash&ref%5Fsrc=twsrc%5Etfw&ref=hypebot.com)? [https://t.co/p0dpgxRYR6](https://t.co/p0dpgxRYR6?ref=hypebot.com)  
>  
> — TechCrunch (@TechCrunch) [March 19, 2018](https://twitter.com/TechCrunch/status/975831545704517632?ref%5Fsrc=twsrc%5Etfw&ref=hypebot.com)

> And Jim Carrey has a special FUCK YOU to Zuckerberg who sold millions in his Facebook stock right before the Cambrige Analytica story was dropped by the Guardian⬇️ [#DeleteFacebook](https://twitter.com/hashtag/DeleteFacebook?src=hash&ref%5Fsrc=twsrc%5Etfw&ref=hypebot.com) [https://t.co/63aWWRpUfF](https://t.co/63aWWRpUfF?ref=hypebot.com)  
>  
> — S.O.S. USA (@DeliaMacD1) [March 19, 2018](https://twitter.com/DeliaMacD1/status/975798531377192960?ref%5Fsrc=twsrc%5Etfw&ref=hypebot.com)

> If you don't pay for the product you ARE the product. Facebook sells all of your information to the highest and lowest bidders. Why sell yourself so cheaply? [#deleteFacebook](https://twitter.com/hashtag/deleteFacebook?src=hash&ref%5Fsrc=twsrc%5Etfw&ref=hypebot.com)  
>  
> — Donkey\_OT (@Donkey\_OT) [](https://twitter.com/Donkey%5FOT/status/975084357940600839?ref%5Fsrc=twsrc%5Etfw&ref=hypebot.com)[March 17, 2018](https://twitter.com/Donkey%5FOT/status/975084357940600839?ref%5Fsrc=twsrc%5Etfw&ref=hypebot.com)

**[![pro tip](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b8d2e3f96b970c-200wi "pro tip")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b8d2e3f96b970c-popup?ref=hypebot.com)PRO TIP:** **Consider this as a wakeup call to build a strong email list that you control. Our two favorite tools for doing that are[ Noisetrade](https://www.hypebot.com/pledgemusics-noisetrade-adds-email4stream-to-free-artist-toolkit/) and [Fanbridge.](https://www.hypebot.com/4-reasons-you-should-regularly-email-your-fans/)** 

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