Meta in worst ever market crash
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Facebook’s parent company Meta Platforms has suffered the largest ever single-day market fall on record, plunging 26% and wiping more than $250 billion off the company’s overall value
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Largest falls in market capitalisation in one day ($ billion) 

Meta Platforms Feb 3  2022  -252
 
Apple Sep 3  2020 -180

Microsoft Mar 16 -178

Saudi Aramco Mar 8 2020  -160

VW  Oct 29 2008 -143

Tesla  Nov 9 2021  -140

Amazon  Jul 30 2021  -130

Facebook Jul 26 2018  -121


Feb 2: Facebook reports fall of 10 million daily active users last quarter. Drop driven by younger users fleeing to likes of TikTok, owned by China’s ByteDance

2018: User growth slows in wake of Cambridge Analytica scandal

Mark Zuckerberg: Meta chief executive sees his net worth plummet by $29 billion following record-breaking plunge

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Sources: Bloomberg, Financial Times Picture: Getty Images © GRAPHIC NEWS