[Miser] [Miser] //@LimLS:Many are good businesses but had fell greatly for different reasons. Is there a chance for it to regain its former price level? No crystal ball to tell the future. I'm vested in a few of these and I also want to believe they will come back. We can only hope things will turn around. My only warning to those who are heavily vested is to not dump in more cash, while blindly believe they will "definitely" come back. History had shown many "great" businesses never make it back. Let's hope these 7 will not become part of that sad history.
Meta Platforms (NASDAQ:FB), formerly known as Facebook, has suffered significant losses in the 2022 tech selloff. The company has lost over $500 billion since its rebranding. FB even set a record for the largest one-day value drop in stock market history, and it hasn’t really recovered.Meta logo is shown on a device screen. Meta is the new corporate name of Facebook.Source: Blue Planet Studio / Shutterstock.comMeta is still a massive company, and its main platform — Facebook — is the most-used social media platform in the world. Moreover, Meta’s ambitious plans to dominate the Metaverse and change how people might connect in the future still haven’t changed. FB looks undervalued, considering its outreach. However, I still believe that the company is not out of trouble, and now might not be