Thinker101
Diamond Member
- Mar 25, 2017
- 25,154
- 15,666
- 1,415
Mark Zuckerberg, who greatly helped Bidung get elected can now reap his rewards.
Meta Platforms is not doing well. The social-media giant, parent of Facebook, Instagram and WhatsApp, has been sending alarming signals for several months.
It was ejected from the world's top 10 most valuable companies, and this year its market capitalization has fallen by nearly $545 billion.
During the third quarter, which is about to end, the shares have fallen some 15%, which by itself translated into a drop of $57.5 billion in market value from July through September.
Mark Zuckerberg and Facebook Deliver Very Bad News - TheStreet
Meta Platforms is not doing well. The social-media giant, parent of Facebook, Instagram and WhatsApp, has been sending alarming signals for several months.
It was ejected from the world's top 10 most valuable companies, and this year its market capitalization has fallen by nearly $545 billion.
During the third quarter, which is about to end, the shares have fallen some 15%, which by itself translated into a drop of $57.5 billion in market value from July through September.
Mark Zuckerberg and Facebook Deliver Very Bad News - TheStreet