Mark Zuckerberg lost $29 billion in net worth as Meta's stock marked a record one-day plunge following a disappointing earnings forecast $FB
Facebook Chairman and CEO Mark Zuckerberg testifies at a House Financial Services Committee hearing in Washington, U.S., October 23, 2019. REUTERS/Erin ScottFeb 3 - Mark Zuckerberg lost $29 billion in net worth on Thursday as Meta Platforms Inc's
Meta's stock fell 26%, erasing more than $200 billion in the biggest ever single-day market value wipeout for a U.S. company. That pulled down founder and Chief Executive Officer Zuckerberg's net worth to $85 billion, according to Forbes.Register now for FREE unlimited access to Reuters.comtop boss Elon Musk's $35 billion single-day paper loss in November. Musk, the world's richest person, had then polled Twitter users if he should sell 10% of his stake in the electric carmaker.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
U-46 planning to spend $29 million on new fire alarm systems, drinking fountains, other capital improvementsSchool District U-46 plans to spend $29 million on capital improvement projects this year, including $2.9 million in work at Tefft Middle School that will require the building to be closed over the summer.
Lire la suite »
Zuckerberg Loses Almost $30 Billion As Meta Shares Plummet 25%Investors are worried about a rare drop in Facebook user growth—and spending around its metaverse project.
Lire la suite »
Meta’s VR division lost over $10 billion while creating Metaverse in 2021After switching its focus from being a social media company to one building Metaverse, Mark Zuckerberg's company Meta participated in its first earnings call, CNBC reported. Find out more at 🚀 Engineering
Lire la suite »
Meta Stock Falls Over 20% After Metaverse Project Loses Over $10 Billion In 2021Investors weren't pleased with the company's profitability—even after anticipating that its shift toward virtual reality and the metaverse would eat away at income.
Lire la suite »
Mark Zuckerberg’s bet on the metaverse is off to an expensive start | EngadgetMeta lost just over $10 billion on its Reality Labs division in 2021, according to its fourth-quarter earnings report..
Lire la suite »
Facebook owner Meta set for $195 billion wipeout, biggest in market history(Bloomberg) — Meta Platforms Inc.’s one-day crash may rank as the worst in stock-market history.
Lire la suite »