The Jewish company of Meta previously known as Facebook saw its stock crash over 20 percent.
UPDATE – Zuckerberg's Meta sinks over 22% after-hours. pic.twitter.com/ONFpWxwS85
— Disclose.tv (@disclosetv) February 2, 2022
Other major social media stocks plunged as well.
Social media stocks plunge after Meta tanks on earnings https://t.co/as8UQAdbHk pic.twitter.com/p0Zy9iczsf
— CNBC Now (@CNBCnow) February 2, 2022
This was inevitable. These sites are becoming nonviable communication platforms due to all the censorship they have imposed on the people using them. These companies have also gone all-in on the COVID hysteria and are forcing the deadly vaxx on their employees. So the end result is that their workforce is going to be far less capable of maintaining these sites and developing tangible innovations.
Point blank, there is nothing cool or interesting about any of these sites. This isn’t the late 2000s any longer.
You also have the fact that these stocks have been wildly overvalued due to all the insane money printing by the Federal Reserve.
This stock collapse is just another sign of a system that is in the process of imploding in on itself.
