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September 01, 2020 1:29pm
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Meta’s Plunge Highlights Market-Cap Funds’ Overweight in Big Tech

Shares of Meta Platforms (FB) plummeted over 25% as trading commenced on Thursday morning, following its Wednesday Q4 earnings report in which the firm missed on earnings per share and posted a negative outlook for Q1. Meta was set to lose a fifth of its market value on Thursday morning, amounting...
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