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Meta Stock Plunges as Profits Take $16B Tax Hit From Trump's 'One Big Beautiful Bill'
investopedia.com/meta-stock-plunges-as-profits-take-usd16-billion-tax-hit-from-trump-one-big-beautiful-bill-11839190
Key Takeaways
- Meta shares tumbled in extended trading Wednesday after the tech giant posted earnings that missed analysts' estimates, citing a one-time tax charge related to President Trump's signature "One Big Beautiful Bill."
- Meta also raised the lower end of its projected capital…
This story appeared on investopedia.com, 2025-10-30 01:27:55.279000.