Meta Stocks News Today

Mark Zuckerbergs wealth plummeted by $18 billion due to Meta Platforms Inc.s share decline, solidifying Elon Musk as the worlds third-richest billionaire. Metas stock dropped 11% after forecasting lower Q2 sales. Musks fortune rose to $184 billion as Tesla shares surged, reversing their recent ranking switch.

Rep. Michael McCaul (R-TX) disclosed a sell-off worth thousands of dollars in Meta stock before shares of the tech giant plummeted in value, filings show.