Facebook falls 4% after whistleblower says social media company gives hateful content more reach

Facebook stock fell as much as 4% on Monday after a whistleblower alleged that the company does little to stop the spread of hateful content on its platform. Former Facebook product manager Frances Haugen leaked internal documents to several news outlets this year and told “60 Minutes” on Sunday that choices made by the company’s management team consistently give polarizing, hateful content more reach and distribution than it should.