Facebook Stock Gets Rekt – Down $200 Million on Poor Growth Report 📉

Facebook stock saw losses of over 26% after the company (now known as Meta Platforms) released its Q4 FY21 earnings report. Analyst sentiment turned bearish when the social media giant led by Mark Zuckerberg reported a quarter over quarter loss in daily active users, going from 1.93 billion daily users from 1.929 billion. I discuss why missing on growth is a grim sign for any tech business, if the metaverse contributed to this drop in stock price, and explain my theory on what caused the massive stock drop for Facebook/Meta, costing Zuck and company $200 billion+ in market value.

Spoiler alert, high value users (the ones that advertisers most want to reach) don’t like being censored, banned, and told what they can or can’t talk about. We’ve seen huge growth on alt-tech platforms like Gab and Rumble because of Facebook’s overly aggressive policy on speech and content moderation.

Originally Aired: 02/03/22
#Facebook #Meta #StockMarket

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