The New York Stock Exchange opened lower, in a market sounded by the poor results of Meta (Facebook) and the spectacular fall in the company’s stock (-25.82%), which swept away everything in its path.
In early trading, the high-tech Nasdaq index lost 2.27%, the Dow Jones fell 0.54% and the S&P 500 widened index slipped 1.47%.
Meta plunges 25%
Shares of Meta (Facebook) plunged 25% on Wall Street on Thursday after disappointing results, potentially wiping out nearly $200 billion in capitalization from Mark Zuckerberg’s group. At 2:35 p.m. GMT (3:35 p.m. Brussels time), the title of Meta Platforms, parent company of Facebook, tumbled 25.81% to 239.56 dollars, dragging the Nasdaq index (-2.29%) into its fall. .
The social networking giant, which lost users in North America for the first time in its history, announced on Wednesday after the close, a lower profit in the fourth quarter and a slow growth outlook in the first.
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