The social media giant Facebook experienced its biggest drop in US stock market history, losing around 120 billion dollars of its company value.

The tech giant’s stock dropped 19 percent and lost nearly $120 billion in just 24 hours, which is believed to be the biggest one-day loss for a U.S. company in history. Founder Mark Zuckerberg saw his fortune drop by nearly $12 billion.

For more information on what this all means for users and stock holders, read this article here.