Meta's February 2022 selloff erased more than $200 billion in market value and was the biggest single-day market-value loss for a U.S. company at the time.

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Location PART 2 - FOUR HIDDEN CHIMNEYS CHAPTER 9: ARE UNICORNS REALLY WHITE? We, The Media

"Meta’s February 2022 selloff erased more than $200 billion in market value and was the biggest single-day market-value loss for a U.S. company at the time."

Contemporaneous Reuters reporting says Meta fell 26 percent, erased more than $200 billion in market value, and set the then-record for a one-day market-value loss by a U.S. company.

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Source title Meta's share price wipe-out shakes world tech stocks

Source authors Danilo Masoni; Akash Sriram; Noel Randewich

Source year 2022

Confidence high

Importance high