Facebook Parent Company Meta Stock Prices Crash, $200 Billion Wiped Off After Report On User Growth

On February 3, shares of Facebook parent company Meta Platforms crashed more than 25%. This was the biggest in stock market history, reported The Times of India. This resulted in a roughly $200 billion attack to the company's market value. Mark Zuckerberg, Facebook founder, had around $20 billion in value wiped. Meta Platforms’ one-day crash now ranks as the worst in stock-market history, reported Bloomberg. Watch the video to know more.

(The above story first appeared on LatestLY on Feb 04, 2022 01:17 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).