This Wednesday (2) Meta, the parent company of Facebook, released its financial results for the last quarter of 2021 and pointed to a drop in the pace of active users by about 500,000 people. Despite the almost irrelevant data in the general balance (it went from 1.930 billion users in the previous three months to 1.929 billion at the end of the year), the market is already pricing in the first fall of the company founded in 2004.
Shortly after the closing of negotiations on Nasdaq last night, the company’s shares pointed to a fall of 22.26% in New York and continue to fall 21% in the premarket on Thursday morning (4). If this downward trend pointed out in the premarket is confirmed, Investing analysts point out that Meta Platforms is expected to lose US$ 200 billion in market value once the North American market opens.
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Users’ disinterest in the platform rises while competitors like TikTok are increasingly falling into popular taste. From a cash point of view, Meta saw an increase in revenue, from US$ 28.07 billion in the third quarter to US$ 33.67 billion at the end of the year.
Meanwhile, revenues for the beginning of this year will be between US$ 27 billion and US$ 29 billion, values slightly below those projected by analysts at Refinitiv (US$ 30.15 billion). This must be explained by the high investment projected by Meta in the development of a platform that shelters the metaverse.
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