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Meta investors brace for a difficult quarter after stocks nosedive

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After losing a record $230bn in market value due to a disappointing earnings report in February, analysts are hoping to see progress

Photograph: Dado Ruvić/ReutersPhotograph: Dado Ruvić/ReutersMeta experienced a historic nosedive in value earlier this year amid a major rebrand and shake-ups to its business model – and investors are bracing for another difficult quarter.a record $230bn in market value after a disappointing earnings report in February, in which it revealed Facebook had recorded its first-ever drop in daily user numbers.

 

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