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Meta Shares Drop 12% After Trump’s Megabill Casts $16 Billion Tax Charge
forbes.com/sites/tylerroush/2025/10/30/meta-shares-drop-12-after-trumps-megabill-casts-16-billion-tax-charge
Topline
Meta shares dropped by more than 12% as trading opened Thursday, pacing what would be the company’s largest single-day loss in years after a nearly $16 billion tax charge lowered its quarterly earnings well below Wall Street’s forecasts.
Key Facts
Shares of Meta fell 12.3% to…
This story appeared on forbes.com, 2025-10-30 15:50:01.621000.