- Meta Platform has reported a 40 percent loss of its market value in the last three months.
- Despite the money invested by the corporation so that the platform progresses and is renewed, this performance shows some signs of wear.
Formerly known as Facebook Inc, the tech conglomerate now known as Target Platform lost 40 percent of its value with which it started this 2022, which has led to a massive recession.
Meta shares have posted a loss of approximately 25 percent since the start of 2022, and now it has added another 15 percent to post a record loss in a short span of time.
Cryptonomist notes that this performance shows some signs of wear and tear on the platform despite the large sums of money that have been invested in the digital service in order for it to progress and renew itselfHowever, they seem not to be enough.
However, as the saying goes, “there is no harm that does not come for good” and it seems that precisely in that it has an area of opportunity Goal. This is because the stock, which today is at $224.76 and has a capitalization of $630 billion dollars, it is so close to “the canvas”, that it practically has a level that could be of interest to any investor.
Due to this condition, it is that the company considered for a long time as “the goose that lays the golden eggs” can breathe a sigh despite its current condition and offer a pleasant moment to all its relatives thanks to a couple of measures that clear any doubt about where the consortium is headed.
The constantly growing turnover in addition to the investments that are neck and neck with the largest on Wall Street in terms of capital are concerned, suggest some optimistic points of view related to the growth in the value of its shares.
Nevertheless, The reported loss has its origins in the mixed effect of the current geopolitical crisis derived from the war between Russia and Ukraine, together with the various criticisms that the colossus has received for the renewal of the service, same that is having some complications to achieve completion.
Another aspect that has affected it is the decrease in the number of young people who use the social network because they consider Facebook to be an obsolete platform, which has not done much to remain at the forefront and has been overtaken by its competitors such as TikTok.
Said slowness in updating in today’s world together with the loss of attractiveness on the part of a good number of potential users or target audience, has overwhelmed the fact that many young people choose to migrate to other platforms to the detriment of marketing, which has had a considerable drop as a result.
One thing Mark doesn’t know how to do, though, is stand by and just let his business fall apart, so those who venture to acquire the shares of Zuckerberg, while it may be a very risky move on today’s commercial chess board, it may be that fortune smiles on them and very soon they find themselves more than grateful to have made a move that could have cost them the game.
This because of Meta has put on the table of the digital consumer, a “new world” on the web, a reinvention of social networks and the Internet in general, which today is that breath of fresh air that the firm needed, a facelift for the platform in general.
Due to the tactic put by the CEO of Meta to introduce the metaverse in their business, the company is apparently at the head of all those firms that want to offer a version of the metaverse, since the idea proposed by Mark refers to a mature metaverse equipped with everything that is cutting-edge technology today: virtual reality, socializing, entertainment, marketing, augmented reality and games.
It may be that this new business gives the consortium the impetus it needs to rise from the ashes like a phoenix and continue to be the giant of social networks that it has been until now.
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