Facebook began on Monday with a litany of legal challenges and a falling stock price. At the end of the day, the stocks had made a profit.
Thethat it is investigating the privacy practices of Facebook (FB). The announcement lowered the stock by more than 5 percent to a level they had not seen since July 201
Shortly thereafter, a number of privacy groups announced that they have complaints about the use of Facebook data by Cambridge Analytica, a data mining company, including one that has allegedly broken Cambridge's laws against foreign participation in US elections.
Also on Monday, a group of 37 prosecutors made a request to Facebook to explain its privacy practices.
"When we look at what happened to Facebook and Cambridge Analytica, it is our top priority to determine if Facebook is violating its own 'terms of service," said Pennsylvania AG Josh Shapiro, who led the Coalition heads
And lawmakers have asked CEO Mark Zuckerberg to testifyand the Attorney Generals of three states have initiated investigations.
Even with Monday's upswing, Facebook's stock fell more than 15 percent from a high of $ 193 last month.
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