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I got out Meta Platforms, the parent company of Facebook From the ranking of the ten largest companies in the world by market value, affected by the worst monthly decline in its shares ever, which led to the erasure of $ 500 billion from its market value.
According to “Bloomberg”, the market value of Meta fell from the sixth place when its value exceeded one trillion dollars, to close trading Thursday, with a market value of 565 billion dollars, to fall to the eleventh place.
After reporting below-expected earnings two weeks ago and revealing stagnant user growth, the company’s stock is down 46% from last year’s high.
