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How major US stock indexes fared Thursday

KIFI

The Associated Press

A historic plunge in the stock price of Facebook’s parent company helped yank other tech stocks lower on Wall Street Thursday, abruptly ending a four-day winning streak for the market. The wipeout in Meta Platforms, as Facebook’s owner is now known, erased more than $230 billion in market value, easily the biggest one-day loss in history for a U.S. company. A weak revenue outlook for Meta helped drag the stocks of other social media companies including Twitter and Snap lower too.

Article Topic Follows: AP National Business

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Associated Press

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