Facebook’s Shares Plunge After Profit Decline
CFO News Room
FEBRUARY 2, 2022
startled investors with a sharper-than-expected decline in profits and a gloomy outlook in its first earnings report since Chief Executive. If shares dropped that much when trading opens on Thursday, it would wipe more than $175 billion from the tech giant’s market capitalization. Meta Platforms Inc. Mark Zuckerberg.
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