Facebook parent Meta loses $200 billion in market cap after dire earnings, on track for the biggest loss of value in stock-market history - Upgoat

Facebook parent Meta loses $200 billion in market cap after dire earnings, on track for the biggest loss of value in stock-market history
submitted by lord_nougat to news 3.2 yearsFeb 3, 2022 13:35:17 ago (+25/-0) (markets.businessinsider.com)
https://markets.businessinsider.com/news/stocks/facebook-stock-price-meta-q4-earnings-mark-zuckerberg-tiktok-revenue-2022-2

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[ - ] FalseRealityCheck 4 points 3.2 yearsFeb 3, 2022 19:12:24 ago (+4/-0)

It's a fake company with a fake valuation on a fake stock market.

Oh wait, I forgot gay — everything is also gay!

[ - ] Belrick 4 points 3.2 yearsFeb 3, 2022 16:25:21 ago (+4/-0)

Funny money. They can just print more.

[ - ] uvulectomy 3 points 3.2 yearsFeb 3, 2022 15:11:40 ago (+3/-0)

Good

Let it lose all of it's fake value, and let the company fucking die.

[ + ] CPU

[ - ] CPU 2 points 3.2 yearsFeb 3, 2022 15:36:36 ago (+2/-0)

It won't, they are going to drive the price down and they will buy up the shares. Then they will send it to the moon.

[ + ] xmasskull

[ - ] xmasskull 0 points 3.2 yearsFeb 3, 2022 15:56:00 ago (+0/-0)

Buy low,sell high,a first semester Economics student knows this.

[ + ] lord_nougat

[ - ] lord_nougat [op] 0 points 3.2 yearsFeb 3, 2022 16:22:51 ago (+0/-0)

...and then it'll go even LOWER!

[ + ] slowcrash101

[ - ] slowcrash101 2 points 3.2 yearsFeb 3, 2022 16:35:19 ago (+2/-0)

Facebook is a CIA project they have unlimited funding provided via our taxes, ie socialism. That's why the technoweenies love socialism so much, because they can just fail upwards through stealing from us.

[ - ] Qwertytoal 2 points 3.2 yearsFeb 3, 2022 19:28:26 ago (+2/-0)

If its make believe... is it a real loss?

[ + ] lord_nougat

[ - ] lord_nougat [op] 0 points 3.2 yearsFeb 3, 2022 19:53:21 ago (+0/-0)

How can it be a real loss if your eyes are mirrors?

[ - ] RobertJHarsh 1 point 3.2 yearsFeb 3, 2022 17:54:55 ago (+1/-0)

They keep trying to push this VR shit and I can't figure out why. Do they expect people to just wear those faggy VR glasses 24/7? Or go next level with matrix type of installing ports on people? The people are dumb but I don't see them being that dumb.

[ + ] lord_nougat

[ - ] lord_nougat [op] 2 points 3.2 yearsFeb 3, 2022 18:39:05 ago (+2/-0)

Never underestimate the dumbness of the people!

But yeah, this business model is pretty bonkers.

[ - ] oldblo 1 point 3.2 yearsFeb 3, 2022 16:50:47 ago (+1/-0)

Yes but why? The excuse of there are other fish suddenly eating a massive chunk of potential profits isnt something im silly enough to believe.

[ + ] lord_nougat

[ - ] lord_nougat [op] 0 points 3.2 yearsFeb 3, 2022 16:52:52 ago (+0/-0)

Just so long as they suddenly go broke and out of business right away I won't ask questions yet.

[ - ] mrevilpirate 1 point 3.2 yearsFeb 3, 2022 16:14:15 ago (+1/-0)

I bought this shit a few weeks ago thinking they are evil as shit should do well… lost 20k overnight crazy. Hope it bounces soon. Market has been crazy past few weeks.

[ + ] lord_nougat

[ - ] lord_nougat [op] 0 points 3.2 yearsFeb 3, 2022 16:22:10 ago (+0/-0)

I thought about doing that, and then decided not to because I hate them too much.

[ - ] thebearfromstartrack4 0 points 3.2 yearsFeb 3, 2022 22:36:31 ago (+0/-0)

EVeryone learning they DON"T have their finger on the PULSE of the world? They have an iron BOOT? and SHOULD be SHOT? TO DEATH? NOW?

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