intchains group - Meta Shares Plunge 10%, Erasing $175 Billion in Market Cap

By | 2026-06-12 13:37:44 | 549 min read

Meta Platforms Inc. experienced a significant market downturn today, with its stock price plummeting by 10%. This sharp decline resulted in a staggering $175 billion being wiped off its market capitalization. The drop comes amid broader market volatility and investor concerns over the company's future growth prospects.

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