Facebook Shares Drop Before Meeting with Conservatives

AP Photo
The Associated Press

Facebook’s shares dropped 0.92% on Tuesday after founder and CEO Mark Zuckerberg arranged to meet conservatives today and address the claims that Facebook has manipulated their trending section against conservative sources.

The meeting with Zuckerberg is set to include The Blaze founder Glenn Beck, CNN host S.E. Cupp, Fox News co-host Dana Perino, President of the American Enterprise Institute Arthur Brooks, President of the Heritage Foundation Jim DeMint, Mitt Romney’s former Digital Director Zac Moffatt, and Trump Senior Aid Barry Bennett.

Since Tuesday afternoon, a single Facebook share is now worth $117.58 and is set to go even lower later today. Last Tuesday, a single share in Facebook was worth $120.50.

Breitbart News was extended an invitation to join the meeting with Zuckerberg, but rejected it out of principle.

“On Thursday, Facebook billionaire Mark Zuckerberg announced he is planning a “pat conservatives on the head” session with “leading conservatives” to discuss Facebook’s conservative media suppression scandal” wrote Breitbart Executive Chairman Stephen K. Bannon and Editor-in-Chief Alex Marlow.

“Representatives at Facebook have already reached out to Breitbart News. We have zero interest in a Facebook photo-op,” they declared. “Moreover, if, as Facebook claims, there has been no effort to suppress conservative media, why the need for a meeting?”

“We do not want, nor do we need, Facebook’s corporate ‘validation.’ We understand algorithms. Our social media team works relentlessly each day using state of the art analytics to monitor and leverage Facebook traffic. We strive for excellence, and we do not need Facebook’s condescension,” they explained. “Free speech is not for sale, and neither are we.”