Meta Is The S&P 500’s Worst Performer Of 2022 As Losses Near 75%

Topline Shares of Facebook parent Meta overtook the dubious honor as the biggest loser on the S&P 500 this week as the Silicon Valley giant bleeds money to fund its CEO Mark Zuckerberg’s metaverse vision and underscores big tech’s 2022 downfall. Key Facts Meta stock has faltered all year, but crashed 25% last Thursday after…

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