On Monday, Facebook shares fell by 5.63 percent, due to a sudden and continuous technical failure since 15:45 GMT in the Facebook, Instagram, and WhatsApp applications.
And the US “Market Watch” website, which monitors stock market news, reported that the company’s shares “dropped 5.63 percent to the lowest level during the day, reaching $323 per share.”
He added that this “would be the worst decline recorded by the company’s shares in one day since the decline recorded on October 30, 2020, when it reached 6.3% at the time.”
Earlier on Monday, a sudden technical failure resulted in the suspension of the Facebook, Instagram, and WhatsApp applications owned by Facebook.
Downdetector said it had “received complaints from users who reported that the three apps suddenly crashed from 15:45 GMT around the world.”
For its part, Facebook said it “recognizes that some people are having trouble accessing its apps and products.”
“We are working to get things back to normal as soon as possible, and we apologize for any inconvenience,” she said in a tweet on her official Twitter account.
While the company that owns the three applications did not indicate the cause of the technical malfunction or the period during which it is expected to be fixed.