Meta, owner of Facebook and Instagram, registers the worst fall on Wall Street

Meta, social network owner Facebook, the day of this Thursday is placed with a loss of around 231,164 million dollars of capitalization value before 1:00 p.m., Mexico City time.

Shares of the social networking firm such as Instagram and the WhatsApp messaging network went from 323 to 238.87 dollars each in their intraday session, reflecting a loss of 26.05 percent.

The station released its financial reports the previous day, where it showed a drop of one million daily users, something that it had never registered on its social network, in addition to presenting a slow growth perspective for the first quarter of the year in course.

Among some other stations that have registered strong falls is Apple, which lost $180 billion in cap value, in September 2020.

Its shares fell as much as 8% in the Nasdaq Composite, after the latest macroeconomic figures that the United States registered had an influence, 881,000 new applications for unemployment benefits in the last week of August of that year.

In addition, Netflix registered a drop in its market value of 18,013 million dollars in a single day, since in April of the previous year the entertainment company and streaming platform obtained a drop of 7.40% in the price of its shares, since it reported 2 million fewer subscribers than the market expected.

Another more recent Paypal, the online payments company that lost 50.574 million dollars in market value yesterday with an intraday decline of 24.63%, as it presented a quarterly report below what investors expected.

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