| Meta's stock price plummeted nearly 24 percent in trading Thursday, dropping to about $246 per share and wiping more than $200 billion off its market value. The company is facing challenges on multiple fronts, as competitor TikTok booms, federal and international regulators scrutinize its business practices, and it begins a lofty transition to focus on the "metaverse." Facebook also lost daily users for the first time in its 18-year history. |
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