Facebook once again finds itself in the crosshairs of former President Donald Trump. And that’s making some traders on Wall Street nervous.

Meta Platforms (META), the owner of Facebook and one of the stars of the recent market rally, fell about 4% on Monday after Trump called into CNBC and labeled Facebook “an enemy of the people.”

Meta shares also retreated 1.2% on Friday following a post by Trump on Truth Social where the former president blasted Facebook as “a true Enemy of the People!”

Meta’s market valuation has dropped by more than $60 billion since Trump’s attacks began Thursday evening.

No major news appeared to drive the Meta selloff, other than the condemnation from the former – and possibly future – president of the United States.

1. Click your profile picture in the top right of Facebook.
2. Select Settings & Privacy, then click Settings.
3. Click Accounts Center at the top left of your screen.
4. Click Personal details, under Account Settings.
5. Click Account ownership and control.
6. Click Deactivation or deletion.
7. Choose the account or profile you want to delete.
8. Select Delete account.
9. Click Continue then follow the instructions to confirm.