Quarterly profits decreased 8 percent, to $10.3 billion, from a year earlier. Shares of Meta’s stock plunged about 22 percent in after-hours trading.
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Meta Spent $10 billion on the Metaverse in 2021, Dragging Down Profit
Quarterly profits decreased 8 percent, to $10.3 billion, from a year earlier. Shares of Meta’s stock plunged about 22 percent in after-hours trading.