Meta erases US$252 billion in value, biggest wipeout in history
Metas one-day crash now ranks as the worst in stock-market history....
Source: winnipegfreepress.com
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Metas one-day crash now ranks as the worst in stock-market 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.