Facebook growth that had been on a seemingly perpetual upward trend slipped at the end of last year, with the number of people using the social network daily declining. PHOTO | FILE
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What you need to know:
While the tech titan has previously seen shares climb despite fines, regulatory threats, misinformation woes and harassment troubles -- this time they plummeted in what one analyst called "a perfect storm."
Major investors in the stock market are notoriously averse to waiting a long time for big returns, tending to trade shares based on potential for quick gains.
As Meta looks to make a "transformation" to better compete with the likes of TikTok, a hit with younger users, regulators in the United States and elsewhere have vowed to curb its power.
