Meta selloff erases quarter of company's value after metaverse losses top $9 billion

  • 📰 TheBlock__
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

ICYMI: Meta selloff erases quarter of company’s value after metaverse losses top $9 billion

After Meta reports metaverse losses of $9.4 billion for the year investors express their displeasure, shares tank.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 464. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks making the biggest moves after hours: Meta Platforms, ServiceNow, Align Technology and moreSee which stocks are posting big moves after the bell. Meta is headed for zero Kessler ..hello and cnbc ppl...the average person is kind of sick of MZ....young ppl aren't really on FB they're on TikTok or doing other things far more interesting than FB ...SO stop blaming the downturn of FB on ' this economy ' you're totally out of touch ( like MZ ) Meta (Facebook), Alphabet (Google) stocks have been plummeting. EverythingWokeTurnsToShit Focus on business, not election interference.
Source: CNBC - 🏆 12. / 72 Read more »

Meta shares sink following earnings miss, weak forecastMeta shares fell more than 10% after the tech giant reported third quarter results that missed investor expectations on earnings. Hope they all wind up penniless and in prison Good. Oh boy. I wonder if they’ll ( Zuckerberg) will get away with lying?
Source: axios - 🏆 302. / 63 Read more »