Breaking Kenya News Forum

Topics

Meta biggest ever stock market loss

Facebook’s owner Meta Platforms saw its stock market value slump by more than $230bn on Thursday, in a record daily loss for a US firm. The company’s share price slide saw chief executive Mark Zuckerberg’s net worth fall by $31bn. That came after Meta revealed that Facebook’s DAUs fell to 1.929bn in the three months to the end of December, compared to 1.930bn in the previous quarter. It was the first time ever that this measure of activity on the world’s biggest social network had gone into reverse. What is your predictions on Meta shares in 2022?

Previous Article

Leave a Reply

Your email address will not be published. Required fields are marked *.

You may use these <abbr title="HyperText Markup Language">HTML</abbr> tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>