Meta’s stock continues to plunge. It is now down over 20 percent in premarket trading. It is trading for under $100 a share now.
#Meta drops 23% premarket 🔪🩸
Facebook parent company reports a drop in Q3 profit and forecast a weak holiday quarter with significantly higher costs next year.$META 🔻 23.16% 💲99,79
The #stock is now at a level last seen in Feb 2016… pic.twitter.com/X0VGEvB0ei
— Real Vision (@RealVision) October 27, 2022
They have people like this working there.
Well, this explains the $META drop? pic.twitter.com/YXqnV3Djst
— unusual_whales (@unusual_whales) October 27, 2022
So I agree that this at least in part explains why the stock is crashing.
That aside, I am not at all surprised that this company is collapsing. Mass censorship and spending billions of dollars on a dystopic virtual reality universe that has legless avatars is not good business. If the Jew Mark Zuckerberg was reading my website he could have received this valuable business advice for free. Sucks for him that he did not read my advice.
