Facebook has had an abysmal week.

In its fourth-quarter earnings report, parent company Meta revealed a major revenue shortfall, missing Wall Street expectations amid challenges spurred by its multibillion-dollar investment in its augmented reality “metaverse,” setting off a wave of stock-price volatility Thursday. Markets closed with Facebook down 26 percent, having shed roughly $230 billion from its market value — the biggest-ever one-day loss for a U.S. company. READ MORE