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In the past 13 months, Mark Zuckerberg's net worth has decreased by more than $100 billion, and on Thursday, the stock price of his business, Meta, took a sharp plunge.
Social media stocks reportedly saw a significant drop in market value among investors and shareholders.
NEW YORK, March 12 — Major US stock indexes stumbled yesterday as tech and growth shares led a broad decline and investors worried about the conflict in Ukraine while attention turned to the Federal Reserve’s policy meeting next week. At the end of a volatile week, indexes had opened...
NEW YORK, Feb 5 — Another bumpy ride on Wall Street ended yesterday as Amazon’s positive earnings capped a run of mixed big-tech numbers, with the Nasdaq recovering much of its losses from the previous session and all three benchmarks ending the week in positive territory. Results from megacap...
It was also a popular stock for retail investors, who appeared to be enthusiastically buying the dip.