[acchow]

If you look one November before that (Nov 2021), it was at $340. What did people believe that caused Meta to fall 74% to $90?

There was a general market correction which hit the whole market. Then the market recovered. Meta was hit particularly hard in the correction because.... reasons? Market eventually thought the Metaverse investments were a total waste of time and that Meta product usage would fall (in favor of TikTok).

Meta also had deep layoffs, which caused their profits to soar.

[Swizec]

> Meta was hit particularly hard in the correction because.... reasons

It dropped when they had an unprecedented day long outage.