Facebook's stock is dropping after it announced that it's making big changes to its news feed
Facebook's stock dropped around 4% in premarket trading on January 12 following its announcement that it would make changes to its core news feed product.
Facebook said it would tweak its news feed to prioritise content from users' friends rather than pages they like. The updated feed will focus on what friends share, and promote content that gets the most interactions over passive posts such as those from publishers and brands.