Replies to post #72900 on Options Wonderland

[3xBuBu]

Meta Faces Historic Stock Rout After Facebook Growth Stalled
Apple new private tech allowing user to stop tracking
https://www.bloomberg.com/news/articles/2022-02-02/facebook-shares-plunge-as-users-stall-forecast-falls-short?srnd=premium

Social networks are battling video platforms for users’ time
Quarterly loss from metaverse investment totals $3.3 billion
The catalyst was startling news that for the first time ever, Facebook’s user growth seems to have hit a ceiling and its momentum is stalling. Thursday’s collapse wiped out more than $230 billion of market value in an instant -- a figure unprecedented in stock-market history -- and has investors asking a question that once seemed unthinkable: Are the best days over for Facebook, one of the world’s most widely held technology stocks?