Facebook's stock closed down 7% on Wednesday following a New York Times story and a lawsuit from the District of Columbia's AG (Ryan Vlastelica/Bloomberg)
Facebook's stock closed down 7% on Wednesday following a New York Times story and a lawsuit from the District of Columbia's AG — Facebook Inc. tumbled on Wednesday, with shares extending their decline throughout the session after the social-media company was sued by the District of Columbia over a privacy breach.
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