META

The owner of the social network "Facebook" - Meta collapsed in the market with 230 billion dollars - an unprecedented loss for an American company in just one day. Shares fell 26.4% after investors were disappointed by data for the last quarter of 2021.

Meta Shares Fell more than 22%

The shares of the American company Meta on the New York Stock Exchange fell nearly 22 percent after trading was finished on Wednesday and after posting quarterly gains with weak growth forecasts and lower net income. According to the trading platform, an hour and a half after the end of the trading session, the company's quotations on the electronic exchange NASDAQ fell by 22.35%.

Η μητρική Meta έκανε επενδύσεις 10 δισ. δολ. για το metaverse το 2021 μειώνοντας έτσι τα κέρδη της

The idea of spending millions on non-existent land may sound ludicrous - but feverish predictions of a virtual reality future are pushing investors to bet big on digital real estate.

Facebook attaches importance to the national interests of Turkey, a country in which it operates, a senior director at the social media giant said on Nov. 4.

Facebook recently changed name to Meta