Feb 3rd, 2022
Facebook Parent Meta Drops 26% Losing $252 Billion in Value
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.
