{"id":80635,"date":"2022-02-04T01:00:53","date_gmt":"2022-02-04T06:00:53","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=80635"},"modified":"2022-02-04T00:35:30","modified_gmt":"2022-02-04T05:35:30","slug":"facebooks-237-6-billion-fall-sets-record-for-largest-one-day-drop-in-stock-market-history","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2022\/facebooks-237-6-billion-fall-sets-record-for-largest-one-day-drop-in-stock-market-history.html","title":{"rendered":"Facebook\u2019s $237.6 billion fall sets record for largest one-day drop in stock market history"},"content":{"rendered":"\n<p>(CNBC) Facebook parent <a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/quotes\/FB\" target=\"_blank\">Meta<\/a> lost more than $237 billion in value Thursday. That\u2019s the biggest one-day drop in value in the history of the U.S. stock market. Meta\u2019s plunge, based on a <a href=\"https:\/\/www.cnbc.com\/2022\/02\/03\/facebook-shares-plummet-22percent-after-reporting-weak-guidance.html\">weaker-than-expected revenue forecast<\/a>, topped the prior record set by <a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/quotes\/AAPL\" target=\"_blank\">Apple<\/a>, <a href=\"https:\/\/www.cnbc.com\/2020\/09\/03\/apple-stock-on-pace-for-worst-day-since-mid-march.html\">when it lost $182 billion in market value in September 2020.<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/02\/03\/facebooks-237point6-billion-drop-in-value-sets-all-time-record.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Facebook parent Meta lost more than $237 billion in value Thursday. That\u2019s the biggest one-day drop in value in the history of the U.S. stock market. Meta\u2019s plunge, based on a weaker-than-expected revenue forecast, topped the prior record set [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-80635","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/80635","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=80635"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/80635\/revisions"}],"predecessor-version":[{"id":80636,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/80635\/revisions\/80636"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=80635"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=80635"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=80635"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}