Chicago Tonight

Facebook Loses $230B, Biggest One-Day Drop in History

Clip: 02/08/2022 | 8m 6s | Video has closed captioning.

Meta, formerly known as Facebook, has seen stagnant earnings, growth, and its stock took a $230 billion dollar tumble last Thursday — equivalent to about 26% of its value. Why is the company struggling, can billionaire founder Mark Zuckerberg turn it around as he coaxes users into the metaverse, and what does it mean for the future of social media?

Aired: 02/08/22

Rating: NR

Problems Playing Video? | Closed Captioning

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