A 'Wall St' sign is seen above two 'One Way' signs in New York August 24, 2015. REUTERS/Lucas Jackson/File Photoshares plunged 22% late on Wednesday after the social media company missed on Wall Street earnings estimates and posted a weaker-than-expected forecast.
Several other social media companies also fell hard after the bell, including Twitter , Pinterest and Spotify , which also released disappointing results late Wednesday.
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Facebook parent Meta shares plummet 23% on ‘black eye’ earnings reportFacebook and Instagram parent company Meta saw its shares plummet to their lowest point in over a year on Wednesday after the company lowered its revenue forecast for the current quarter. Cheap real estate in Hawaii about to hit the market
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