Facebook Takes Worst Bashing on Twitter Since July Stock Crash

(Bloomberg) -- Negative sentiment towards Facebook Inc. rose to the highest in almost eight months on rival social network Twitter, as the company raced to fix a worldwide outage and faced reports of a grand jury investigation.

While sentiment can rise and fall with the thousands of daily tweets about the company, Facebook hasn’t seen this many negative comments since July, the day after disappointing revenue and user growth figures prompted the stock’s biggest-ever selloff.

The company’s shares fell as much as 3.1 percent intraday Thursday.

Further reading:

• Facebook Weighs Refunding Advertisers as Outage Persists
• Facebook U.S. Criminal Probe Is Said to Extend to Grand Jury

To contact the reporter on this story: Nathan Crooks in Miami at ncrooks@bloomberg.net

To contact the editors responsible for this story: Clementine Fletcher at cfletcher5@bloomberg.net, Morwenna Coniam

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