#facebook shareholders

[forsakebook]

At least one big investor is calling for Mark Zuckerberg to throw in the towel on the metaverse, saying Meta 'lost the confidence of investors'

Zuckerberg's metaverse investment continues to draw criticism. One big tech investor published an open letter criticizing Meta for "lack of focus."

[forsakebook]

Facebook Shares Drop Again. Zuckerberg Loses Another $660 Million

The company market cap continues to drop as well.

[forsakebook]

Manager who sold Facebook in April: 'Don't see us being heavily invested in Facebook ever again.'

ETFs that invest in tech stocks have been hit hard after the Facebook stock decline and tech stock rollover, and one ETF focused on technology doesn't think it is time to buy the dip yet. Its largest holding right now is cash.