Meta Plunged from 5th Most Valuable Stock to 11th, behind Visa. In 10 Months, $647 Billion Vanish
https://wolfstreet.com/2022/07/29/meta-plunged-from-5th-most…
Note: Yay, … that’s half a TRILLION. Which it was never worth to begin with! Sort ‘a like Twitter, Meta is worth the size of, … say, regional Tatoo-parlor franchise, …
C.
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“Back in September 2021, Meta, with a market cap of $1.077 trillion, was the fifth most valuable stock by market cap in the US. Easy come, easy go (data via YCharts):”
Just the charts, Sir, for $META - - -
The three negative signs designate all EMA crossovers are in bearish decension.
$META Daily chart
https://schrts.co/gKrqqWud
$META Weekly chart
https://schrts.co/cJQkQhyY
$META Monthly chart
https://schrts.co/pXZjibZU
p.s. I saw a story about Instagram backing down from the Kardashian influencers while reading my phone at the doctor’s office the other day. Let me see I can track that down.