Facebook Suffers Catastrophic Loss

* Facebook tumbled as much as 4.5% on Monday as the company’s indefinite ban of President Trump continued to drive investors out of the stock.

* The plunge saw $33.6 billion erased from Facebook’s market cap at intraday lows.

* CEO Mark Zuckerberg announced the ban on Thursday, saying the president’s role in the violent storming of the Capitol makes it too risky to keep him on the platform.