Technology

Meta, which hit a $1T market cap in June 2021, is no longer among the 20 most valuable US companies, after losing $730B+ in value since its September 2021 peak (Ari Levy/CNBC)

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Ari Levy / CNBC:

Meta, which hit a $1T market cap in June 2021, is no longer among the 20 most valuable US companies, after losing $730B+ in value since its September 2021 peak  —  – Last year, Facebook was among the five most valuable U.S. companies, with a market cap over $1 trillion.  Now the company is worth about $270 billion.



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