Posted in: Tattle, Technology

Why the Facebook owner’s shares are in freefall

Analysis: shares in Meta fell by 25% after latest results revealed first-ever decline in daily users

Facebook’s first ever drop in daily users prompts Meta shares to tumble

Mark Zuckerberg’s social media empire felt the full force of investors’ concerns about its growth prospects on Thursday, as the revelation of Facebook’s first-ever drop in daily users helped trigger a selloff, with shares down by a quarter.

Here are some key points to help explain the selloff, which has wiped about $220bn (£162bn) off Meta’s market value.

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