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It follows 2 platforms7/7/2023 ![]() ![]() Additionally, Meta Platforms missed on earnings estimates though it beat on revenues.Īs such, FB shares tumbled 23% in aftermarket hours on elevated volume, erasing about $200 billion worth its stock market value. The company lost daily users in a quarter for the first time since it went public in 2012 and forecast a weak revenue guidance for the ongoing quarter. After the closing bell on Feb 2, social media giant Meta Platforms ( FB Quick Quote FB - Free Report) disappointed investors following dismal fourth-quarter 2021 results.
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