The Meta meltdown: This chart shows Facebook’s fall from grace among the most valuable U.S. companies

The Meta meltdown: This chart shows Facebook’s fall from grace among the most valuable U.S. companies

Business
September 14, 2022 by secret
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[ad_1] Dogged by competitive and macroeconomic threats, Meta Platforms Inc. is sinking down the ranks of the largest U.S. companies. After a 9.4% daily slide in its stock, Meta META, -9.37% ranked 10th by market value as of Tuesday’s close, falling below Visa Inc. V, -3.37% for the first time since the start of August.