February 2, 2022 Sophia Vida
Company News

Facebook Shares Collapse as Company Reports Weak Earnings and a Forecast Miss

Facebook, who has rebranded its name to Meta, reported fourth quarter earnings this week that failed to impress Wall Street. The earnings came in below expectations and the company also warned that numerous challenges are ahead in the first quarter. Inflation, supply chain disruptions at advertisers and users shifting to products that “monetize at lower … Continue reading “Facebook Shares Collapse as Company Reports Weak Earnings and a Forecast Miss”