meta reported earnings after the close today

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the stock is down almost 20 percent and selling for 105 dollars a share in after hours 

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trading now meta also hasn't traded in this range since 2015

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so the stock has now lost seven years of gains and it's now down at 73 from its all-time highs in 2021

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the stock is absolutely crashing and due to Mark Zuckerberg's investments in the metaverse

last year for the third quarter meta generated about 28.3 billion dollars in advertising revenue

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This quarter it was about 27.2 billion

This quarter it was about 27.2 billion

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so advertising revenue is down about four to five percent a year over year world

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