Facebook stock slipped roughly 1.5 percent after-hours on Monday after The Washington Post reported that federal investigators are broadening inquiries into the company’s data sharing practices.
The FBI, SEC, and FTC have all joined the Justice Department in its investigation of Facebook following revelations of its data sharing with consulting company Cambridge Analytica, people familiar with the situation told The Post.
Earlier this year, the Justice Department began investigating Facebook’s data sharing practices after it was revealed that Cambridge Analytica harvested Facebook profile information from tens of million users without their express consent.
Facebook did not immediately respond to CNBC’s request for comment.
This story is developing. Please check back for updates.
