Meta Platforms Stock Crashes: Hit With Several Headwinds in Q4
Meta Platforms (NASDAQ: FB), formerly known as Facebook, reported fiscal 2021 fourth-quarter results on Wednesday, Feb. 2. The announcement revealed a company dealing with several headwinds that are holding back revenue growth.
Investors were disappointed to hear the news, and the stock has crashed by over 20%. Let's look closer at the figures and better understand what's causing the sell-off.
Image source: Getty Images.
Source Fool.com
