If you have a teenager in your home, you have known for a while that the Facebook application is no longer as great as it was before.
However;Wall Street still maintains her mother Facebook, which changed her name to become "dead" last year.
For years, the targeted prices of analysts for Facebook shares continued to rise, while sometimes referred to two numbers, and growth estimates did not note anything to worry, and that was the case until the second of February in any case.
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On that day, two basic factors collided with the story of "Mita" together, the first of which was the famous axis of losing the company for its advantages with young consumers, and the other is the loss of its distinction among investors as a technological giant that cannot be stopped.
Meta then informed her first decrease ever in the number of active users daily on Facebook.With a strong competition from video applications such as "Tek Talk".
The result was the growth of the company's revenues at a slower pace in the current quarter of the expectations of analysts, a 26% decrease in the share price on the third of February, which led to the eradication of $ 251 billion of the "dead" market value.
Thus, the company recorded the largest decrease in one day in the history of the market, although it is still ranked eighth in terms of the market value of the largest American companies, with a total evaluation of $ 631 billion.
