World Business

Six reasons Meta (facebook) is in trouble, suffers 230bn US stock plunge

KATHMANDU: Meta, the company formerly known as Facebook, suffered its biggest one-day wipeout ever on Thursday as its stock plummeted 26 percent and its market value plunged by more than $230 billion. Its crash followed a dismal earnings report on Wednesday, when Mark Zuckerberg, the chief executive, laid out...

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