Meta’s Shares Fall 10% Following Snap’s Ominous Q2 Warning
Allwork
MAY 25, 2022
This comes just after Snap, which operates social media platform Snapchat, warned about its second quarter earnings. . In comparison, Snap’s shares fell by over 40%, followed by Pinterest falling by 27%, Alphabet by 8%, and Twitter by 4%. Meta’s shares fell 10% this week, wiping out $53 billion in market value. .
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