Investment - Facebook Parent Meta Drops 26% Losing $252 Billion in Value | Bloomberg Markets and Finance

 

3 February 2022

 

Meta Platforms Inc.'s one-day crash now ranks as the worst in stock-market history. The Facebook parent plunged 26% Thursday on the back of woeful earnings results, and erased about $252 billion in market value. 

 

That's the biggest wipeout in market value for any U.S. company ever. Our team on "Bloomberg Markets: The Close" has more.

 

 

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