FB Stocks Plummets 26%

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CNBC - Shares of Facebook parent Meta closed down more than 26% today, its biggest one-day drop ever, after the company forecasted weaker-than-expected revenue growth in the next quarter. The company, which released earnings under its new name for the first time with a new reporting structure, missed earnings estimates for the fourth quarter at $3.67 vs. $3.84 analysts were expecting, according to Refinitiv. What does this all mean for the future of Meta?
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