- The sheer magnitude of the shareholder value destruction that has taken place at Meta since the beginning of the year is both tragic and historic at the same time.
- The social media giant had more than $430 billion shaved off its market cap and is currently trading at a 51% discount on February prices.
- Several headwinds weigh themselves heavily against Meta with execution over the next couple of quarters being more important than ever.
- We remain committed to the idea that the unprecedented sell-off has created a great value proposition and a unique investment opportunity.
For further details see:
Meta: Zuckerberg Might Be Right About The Metaverse After All