Facebook shares plummet after chief officer admits that teenagers are ditching the site

Facebook shares plummet after chief officer admits that teenagers a...

Facebook shares rocketed and plummeted within just 24 hours after the company's chief financial officer admitted that teenagers are losing interest in the site.

Shares in the social network soared around 15 per cent to $57.98 (£36.16) following the site's latest quarterly earnings announcement, before suddenly failing to $47.40.

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