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  • Writer's pictureDeaf Leaders Foundation

2882 - Meta shares fall 20% as Facebook loses daily users for the 1st time

The shares of Facebook-parent Meta fell over 20% late on Wednesday after Facebook posted its fourth-quarter results and revealed a decline in its Daily Active Users for the first time. Facebook's global DAUs declined to 1.929 billion from 1.930 billion in the previous quarter. Meta forecast first-quarter revenue in the range of $27 billion to $29 billion.

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