Forbes

Meta Is The S&P 500’s Worst Performer Of 2022 As Losses Near 75%

Shares of Facebook parent Meta overtook the dubious honor as the biggest loser on the S&P 500 this week as the Silicon Valley giant bleeds money to fund its CEO Mark Zuckerberg’s metaverse vision and ...
The Motley Fool

Here's the Key Reason Meta Platforms Stock Has Soared 547% From Its 2022 Low

Meta stock plunged 76% from September 2021 to October 2022, due in part to the company's metaverse pivot. CEO Mark Zuckerberg has since slashed costs and focused more on Meta's core social media ...
New York Post

Meta’s Reality Labs has lost more than $21B since the start of 2022

Meta’s second-quarter earnings showed that Reality Labs, its virtual and augmented reality development business, has lost a staggering $21.3 billion since January 2022 — and executives warned the ...
The Motley Fool

Here's the Key Reason Meta Platforms Stock Has Soared 464% Since 2022 -- Hint: It's Not Artificial Intelligence (AI)

Meta Platforms stock plunged 76% from its all-time high between September 2021 and November 2022. Investors didn't like the company's excessive spending or its sinking earnings, which forced CEO Mark ...