Chief NY Market Strategist: Facebook could face increase regulatory oversight
March 20, 2018
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6:49Now PlayingChief NY Market Strategist: Facebook could face increase regulatory oversight
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as posted by the channelChief Market Strategist at B Riley Financial in New York tells Sky's Ian King that "investors will shoot and ask questions later" after Facebook suffered a stock fall of 7% which wiped $37bn (£26bn) off its value.
The tech giant is facing investigations over a reported data incident between itself and consultancy firm Cambridge Analytica. Art Hogan warns any "regulatory oversight" that Facebook has been able to avoid throughout its history may be "coming to an end."
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