Facebook Faces An ‘Existential Moment’ After $230 Billion Stock Crash

Updated Feb 3, 2022, 03:40pm EST Topline Shares of Facebook parent Meta fell over 25% on Thursday—erasing over $230 billion in market value for its worst trading session in history—after the company’s dismal quarterly earnings report showed declining users and surging expenses related to the company’s metaverse project. Key Facts Shares of Facebook parent Meta…
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