The stock of Facebook fell 4.8% Monday due to continued political pressure and a long-term outage, which cost CEO Mark Zuckerberg billions. Zuckerberg’s fortune dropped by $5.9 billion to $117 billion. Currently, he ranks 6th on the world’s wealth ranking. Facebook’s stock came under pressure after one of its ex-workers disclosed internal research to AOL and the Wall Street Journal.
In testimony before Congress, former Facebook employee Frances Haugen detailed how the company was aware that its sites were potentially harmful to young people’s mental health.