What Caused Facebook’s Value to Drop So Suddenly?
On 3 February 2022, Meta, the parent company of Facebook, made headlines when its stock plummeted more than 26%, erasing more than US$232 billion from its market value. This marked the biggest single-day slide in value for a U.S. company, topping the prior record set by Apple, when it lost around US$182 billion in September 2020.
What Caused Facebook’s Value to Drop So Suddenly? Read More »
On 3 February 2022, Meta, the parent company of Facebook, made headlines when its stock plummeted more than 26%, erasing more than US$232 billion from its market value. This marked the biggest single-day slide in value for a U.S. company, topping the prior record set by Apple, when it lost around US$182 billion in September 2020.

