Facebook parent company Meta went down on Thursday in history for the biggest one-day crash in the stock market.
According to the reports, this is the biggest one-day crash in the history of the stock market.
Earlier, the market capacity of Meta was around $900 billion.
The net revenue of Meta missed EPS projections in its Q4 earnings on Wednesday.
The quarterly revenue came in at $33.67 billion, which meets the analysts expectations of $33.41 billion.
After the pandemic throughout 2020, its revenue and earnings growth went down slowly.
In Q3 2021, the active users of Facebook dropped to 1.929 billion from 1.930.
Within these months, the company lost around a million users.
