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Facebook owner Meta sees biggest ever stock market loss

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(Photo: Pixabay)
AMMAN - Facebook's owner Meta Platforms saw its stock market value slump by more than $230bn on Thursday, in a record daily loss for a US firm.اضافة اعلان

Its shares fell 26.4 percent after quarterly figures disappointed investors.

Meta also said that Facebook's daily active users (DAUs) had dropped for the first time in its 18-year history.

The company's share price slide saw chief executive Mark Zuckerberg's net worth fall by $31bn, according to the Bloomberg Billionaires Index.

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