Facebook parent company Meta's stock plummeted on Thursday, following its announcement of a dismal third quarter.
At market close on Thursday, shares in the tech company had fallen nearly 25%, selling for under $98 apiece, a level not seen since 2016.
So far this year, Meta's stock has fallen by about 70%. It's now worth around $270 billion, roughly a third of its market capitalization of just under $900 billion a year ago.
