Get Woke Go Broke: Green Crusading Facebook Share Price Plunges
7 hours ago
Eric Worrall
Guest essay by Eric Worrall
According to Zuckerberg, the problem is competition from TikTok, not growing disenchantment with a woke platform which censors conversations and cancels law abiding members with large followings.
Facebook loses $237BN in largest one-day drop in stock market HISTORY: Zuckerberg warns staff he might CRY over ‘scratched eye’ as shares fall 26% – dragging Nasdaq down 3.7% – and he drops out of Forbes ten richest after users decline
Facebook’s plunging stock price weighed on world markets on Thursday, dragging down major stock indexes
In a company-wide meeting that same day, he appeared red-eyed and said he might cry due to a scratched eye
He cited an ‘unprecedented level of competition’ from TikTok and told employees to focus on video
Shares in Facebook owner Meta fell 24% in morning trading after the company’s dismal earnings report
The decline marked Facebook’s worst one-day loss since its Wall Street debut in 2012
The company’s overall value dropped by $200 billion, a figure greater than the entire Greek economy
Facebook CEO Mark Zuckerberg saw $29 billion erased from his net worth
By ADAM MANNO and KEITH GRIFFITH FOR DAILYMAIL.COM and WIRES
PUBLISHED: 03:28 AEDT, 4 February 2022 | UPDATED: 18:37 AEDT, 4 February 2022
https://wattsupwiththat.com/2022/02/05/get-woke-go-broke-green-crusading-facebook-share-price-plunges/
