Facebook shares hit record-high despite data leak

Monday, 05. April 2021 16:06

Shares of Facebook, Inc. jumped to an all-time high on Monday despite reports about a data leak.

Over the weekend, Alon Gal, CTO of cybercrime intelligence firm Hudson Rock, told Business Insider that over 533 million Facebook users were affected in the leak which saw their phone numbers, names, locations, and in some cases, email addresses made available online for free.

Minutes after hitting a record high of $307.73, Facebook's stock climbed 2.22% to $305.48 at 10:05 am ET.

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Breaking the News / NP