Meta stock plummets 15% because Mark Zuckerberg still spending and losing tons of money on the Metaverse
qz.com › meta-stock-earnings-metaverse-mark-zuckerberg-1851434727
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This story seems to be about:
Meta stock plummeted more than 15% in pre-market trading on Thursday, even as the Facebook parent company reported better-than-anticipated sales in its quarterly earnings the day before. The losses appeared to be driven by the company’s steep Metaverse losses, and CEO Mark Zuckerberg’s commitment to continue that…