Facebook/Meta’s stock price dropped over -26% in a single day at the release of fourth quarter of 2021 earnings, creating a ripple effect on the whole of US market. Facebook’s drop was the biggest drop in Facebook/Meta’s stock price history since its IPO on May 2012.
Here we look at the 10 biggest/worst drops in daily stock price of Facebook/Meta. First, a quick look at the Facebook/Meta price history over time since Facebook/Meta went public. The full history of stock price shows how bad the precipitous drop in stock price on Feb 3 2022 in comparison to other drops.
10 biggest stock price drops of Facebook/Meta
Facebook/Meta’s drop of 26% is the worst in its history. Its earlier worst stock market crash was in 2018 during the Cambridge Analytica scandal, with close to -19% drop in price in data.
In 2020, during the beginning of COVID pandemic Facebook crashed like any other company. Facebook had tumultuous start immediately after its IPO. Of the 10 biggest drops in Facebook stock price 6 of them were in the first year as public company in 2012, with drops ranging -8% to -12%.
Here is the list of 10 worst Facebook stock crashes in a day
- 03-Feb-2022: -26.4%
- 26-Jul-2018: -19%
- 16-Mar-2020: -14.3%
- 27-Jul-2012: -11.7%
- 21-May-2012: -11%
- 29-May-2012: -9.62%
- 12-Mar-2020: -9.26%
- 24-Sep-2012: -9.06%
- 22-May-2012: -8.90%
- 26-Jul-2012: -8.49%
[…] a whopping from $2,776 to $3,106 after the market closed. Remember, just the day before after Facebook/Meta’s stock plummeted to a new […]