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Meta’s market value went down by 0 billion, is this the end?

Meta’s market value went down by $230 billion, is this the end?

The stock prices of shares in meta, the parent company of Facebook, WhatsApp, Instagram, and Meta Quest (Previously Oculus) Dropped nearly 25% at the start of trading on Thursday after they revealed their first-ever decline in Facebook’s daily active users.

The company has lost more than $230 billion in market value Within just a day. It is the biggest one-day loss by a US company ever. Facebook has always struggled with being relevant among young people While Mark Zuckerberg focuses on the plans with the Metaverse. They were also hit very hard by Apple changing their advertising privacy policy. Meta is also going to lose more than 10 billion in sales because of the new iOS rules (Because of limiting Consumer tracking)

Meta is not the only company having a rough time right now, Other rivals like Snapchat and Twitter are also trading lower. Meta is still worth $671 billion and has reported over $40 billion in profit.

Meta’s market value went down by 0 billion, is this the end?

Meta’s market value went down by $230 billion, is this the end?

The stock prices of shares in meta, the parent company of Facebook, WhatsApp, Instagram, and Meta Quest (Previously Oculus) Dropped nearly 25% at the start of trading on Thursday after they revealed their first-ever decline in Facebook’s daily active users.

The company has lost more than $230 billion in market value Within just a day. It is the biggest one-day loss by a US company ever. Facebook has always struggled with being relevant among young people While Mark Zuckerberg focuses on the plans with the Metaverse. They were also hit very hard by Apple changing their advertising privacy policy. Meta is also going to lose more than 10 billion in sales because of the new iOS rules (Because of limiting Consumer tracking)

Meta is not the only company having a rough time right now, Other rivals like Snapchat and Twitter are also trading lower. Meta is still worth $671 billion and has reported over $40 billion in profit.