The next day, they closed under $238, marking the largest single-day decline in market value in stock market Forex history. What really rubbed investors the wrong way was a dent in Facebook’s daily active users .

Market Cap is calculated by multiplying the number of shares outstanding by the stock’s price. To calculate, start with total shares outstanding and subtract the number of restricted shares. Restricted stock typically is that issued to company insiders with limits on when it may be traded.Dividend YieldA company’s dividend expressed as a percentage of its current stock price. Meta Platforms, Inc. develops products that enable people to connect and share with friends and family Forex news through mobile devices, personal computers, virtual reality headsets, wearables, and in-home devices worldwide. It operates in two segments, Family of Apps and Reality Labs. The Reality Labs segment provides augmented and virtual reality related products comprising virtual reality hardware, software, and content that help people feel connected, anytime, and anywhere. The company was formerly known as Facebook, Inc. and changed its name to Meta Platforms, Inc. in October 2021.

Meta Platforms Inc Stock Falls Tuesday, Still Outperforms Market

To celebrate our 50th anniversary, we’ve combed through decades of our print magazines to find hidden gems, fascinating stories and vintage personal finance tips that have withstood the test of time. Meta’s next quarterly https://www.cmcmarkets.com/en/learn-forex/what-is-forex earnings report is expected in late April. In-depth research determine where and how companies may appear. By clicking “TRY IT”, I agree to receive newsletters and promotions from Money and its partners.

Finzoom Investment Advisors Private Limited makes no warranties or representations, express or implied, on products and services offered through the platform. It accepts no liability for any damages or losses, however, caused in connection with the use of, or on the reliance of its advisory or related services. Meta estimated revenue in the first quarter between $27 billion and $29 billion, below analysts’ FB stock expectation of $30.15 billion and converts to 3% to 11% growth YoY. Meta also expects 2022 total expenses to be in the range of $90-95 billion, updated from their prior outlook of $91-97 billion. The list goes on, with employees from PayPal, e-commerce company Shopify, beleaguered fitness company Peloton and electric carmaker Rivian all griping about their companies’ shares plummeting in recent months.

What Are The Documents Required To Start Investing In Facebook Inc

Facebook suffered the biggest impact, with its stock falling 26% on Thursday, erasing more than $230 billion in value. Adjusted for inflation, that’s equal to the entire stock market’s loss on Black Tuesday in October 1929.

• Meta has played a major role in shaping social media, society and perhaps even democracy itself.
• News publishers want a clause that forces major tech companies enter into binding arbitration if they fail to agree on terms of payment for content.
• Long before Facebook went public and being could buy Facebook stock in one of the highest-profile public offerings of all time, it was a tiny, private social-network run out of Mark Zuckerberg`s Harvard dorm room.
• It might sound like science fiction, but then again, not long ago so were computers that fit in your pocket, driverless cars and microwaves that talk to you.

In 2015, the central bank began lifting its key rate from zero. Less than four years later, as the U.S. trade war with China took a toll on growth, it was forced to reverse course. Fed Chair Jerome Powell https://dotbig.com/markets/stocks/FB/ hopes to engineer a “soft landing” for the economy, cooling activity just enough to take the steam out of rising prices, while preserving sufficient strength to keep jobs abundant and profits high.