Why Meta Stock Dropped 70%? Stock Market Crisis...Massive layoffs

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2 years ago
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#Meta #MetaStock #MarkZuckerbergCrisis

In the Metaverse, Mark Zuckerberg's stubbornness could very likely cause Meta to crash. The champion of social networks' stock drifted off course at the start of Wall Street by over 25%, dropping below the figurative price threshold of $100 per share. A disaster for a share that, in September 2021, was still worth 370 dollars. It is unusual for huge corporations with a market capitalization of $10 billion or more to lose more than 70% of their value in a single year. The loss of more than $700 billion in market cap experienced by Meta Platforms over the course of the past year was nearly unheard of. Let's find out why Meta dropped 70%.

Why Meta Stock Dropped 70%? Stock Market Crisis...Massive layoffs

Timestamps:
0:00 Intro
0:37 Meta
1:16 Rise of the king
1:53 Oculus
4:50 Apple strengthening of privacy-protection
6:32 Controversies

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*DISCLAIMER:*
Informed Investors is not a financial adviser channel. The information provided in this video is solely based on our research and opinion, and should not be taken as professional financial advice. There are risks involved in investing in the stock market, and the fluctuation depends on varying factors. Investors should not act upon the content or information found here without seeking advice from an accountant, financial planner, lawyer or other professional. Consumers should always research companies individually and define a strategy before making decisions. Informed Investors is not liable for any loss incurred, arising from the use of, or reliance on, the information provided by this video.

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