For the first time since October 2015, Meta down is below $100/share. And yes the whole tech market is down, but meta is down more than twice the amount. Zuckerberg is hell bent on burning cash in order to blaze the trail of the metaverse.
With the stock crashing, is meta at the point where ownership is giving mark an ultimatum? Ditch meta or you're out?
Metas biggest competitor in the social media area is tik tok, but with Twitter going through a metamorphosis with elon, the competition may be tougher.
For reference, Mark owns about 13% of meta stock. So all that matters is what the other 87% think
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