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The Dow industrials fell more than 1,400 points, a 5.9% tumble that put it in a bear market as investors’ anxiety about the coronavirus pandemic extended turmoil in stocks. Mar. 11, 2020 at 10 Facebook lost about $119 billion of its value on Thursday, marking the biggest one-day loss in U.S. market history. The company's shares plunged $41.24, or almost 19 percent, to $176.26 a day after the social media giant reported . Most stocks are assigned a par value at the time they are issued. In modern times, the par value assigned is a minimal amount, such as one penny. That avoids any potential legal liability if the stock drops below its par value. Some stocks are issued with no par, depending on state laws.

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