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Meta erases US$252 billion in value, biggest wipeout in history - Vimarsana News

Meta erases US$252 billion in value, biggest wipeout in history

Meta’s one-day crash now ranks as the worst in stock-market history....

Meta erases US$252 billion in value, biggest wipeout in history - Vimarsana News

Meta erases US$252 billion in value, biggest wipeout in history

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 US$252 billion in market value. That’s the biggest wipeout in market value for any U.S. company ever.