Meta is in trouble • TechCrunch

A day after weighing in with its third-quarter earnings report, Meta is flailing. The company formerly known as Facebook was in trouble Thursday after uninspiring numbers and an apparent lack of faith in Mark Zuckerberg’s metaverse vision sent its shares plunging by 25%.

At the time of writing, Meta was trading around $98, down from $130 on Wednesday. Other tech stocks are in a similar…

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