The stock exchanges have woken up from their tech dreams. The Facebook group Meta is the latest example of necessary course corrections in the tech sector after the enormous growth in the corona pandemic. The current figures make the risk of the investments noticeable again. The extent of the price falls shows how far the stock market value had deviated from the company’s performance. Not all growth was justified.
At the beginning of the corona pandemic, Meta’s price had fallen, but had risen by a whopping 116 percent since mid-March 2020. The importance of the platform increased in times of strict contact restrictions. But as with many technology companies, investors ignored all the risks and kept buying shares. The problems of the Facebook group have long been known. Meta is no longer as dominant among the youngest audience, despite apps like Instagram.
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