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- Meta's tumble in share price on Thursday was the market's reaction to news that a slowdown in digital advertising, new security protocols on Apple devices and a bet on the metaverse have all hurt the Facebook parent's bottom line. In particular, investors have criticized Meta CEO Mark Zuckerberg, seen here, for spending big on the metaverse.
www.npr.org › 2022/10/27 › 1131705422Facebook parent Meta's stock plummets after dismal earnings ...
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Oct 28, 2022 · Meta Platforms ( META -0.90%) shares fell hard this week, declining 25% through Thursday trading even as the wider market rose 1.5%. That drop contributed to significant losses for the social...
Feb 3, 2022 · The price of shares in Meta — the parent company of Facebook, WhatsApp, Instagram, and Meta Quest (fka Oculus) — dropped more than 25 percent at the start of trading on Thursday, after it...
- Richard Lawler
Apr 25, 2024 · Investors weren’t into it. Meta shares tumbled as much as 19% in extended trading on Wednesday, wiping out more than $200 billion in market cap. The drop came despite Meta reporting...
Oct 28, 2022 · Stocks in Meta, the owner of Facebook, Instagram and WhatsApp, have plunged to their lowest levels since 2016, amid declines in its quarterly revenue and a gloomy financial outlook.
Feb 3, 2022 · By The New York Times. Stocks on Wall Street tumbled on Thursday, with Meta, the parent company of Facebook, leading the way with a drop of 26.4 percent, its worst one-day loss ever and one...
Oct 27, 2022 · Meta's tumble in share price on Thursday was the market's reaction to news that a slowdown in digital advertising, new security protocols on Apple devices and a bet on the metaverse have all hurt...
