The fourth-quarter earnings report from Meta Platforms FB, previously known as Facebook, caused the stock to plunge. A decline in users and bearish forward guidance caused the stock to lose over one-quarter of its value in a matter of hours.
The Metaverse may be one of the hottest areas in which to work or invest during the next decade. This space is still young and will change. Many leaders in this space today are solid growth companies.
© 2022 Equities News | Equities.com, Inc.
* All dates and time are being displayed in Eastern Standard Time (EST).
