Description: Shares of Facebook parent Meta were hammered Thursday, falling 26% after the company revealed that privacy changes Apple made to its iOS platform last year have begun to sink their teeth into the social networking giant’s bottom line.
Source: Yahoo.Finance.com – video report
Date: Feb 03, 2022
Questions for discussion:
- Why did Meta shares fall in value so dramatically?
- Why do you think this event affected other technology share values?
- Do you think this is an opportunity for investors to buy or a harbinger of further trouble ahead?
- What would you advise management at Meta?