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Facebook share value falls $230 bn in a single day; Zuckerberg's net worth falls by $31 bn

Shortpedia

Content Team
Image Credit: us today

Facebook's owner Meta Platforms saw its stock market value slump by more than $230 billion, in a record daily loss for a US firm, the BBC reported. Its shares fell 26.4 per cent 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 Mark Zuckerberg's net worth fall by $31 billion.