Fb guardian Meta Platforms Inc. startled traders with a sharper-than-expected decline in income and a dismal outlook in its first earnings report since Chief Government Mark Zuckerberg outlined a pivot to the metaverse.
Meta shares plunged after the outcomes have been introduced, dropping greater than 20%. If shares dropped that a lot when buying and selling opens on Thursday, it might wipe greater than $175 billion from the tech big’s market capitalization.
