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Friday, October 23, 2026Updated 10:29 UTC

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Meta Posted Record Sales but Still Had Negative Free Cash Flow. 1 Number Explains Why

Source: Inc.com · Oct 23, 2026 09:00 UTC

Trading floor of the New York Stock Exchange with banks of monitors — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

Shares of Meta fell about 7 percent, wiping out roughly $124 billion in market value.

Read the full story at Inc.com

Ground Level News gathers headlines from public news feeds. This page shows a short summary only; the full article and all rights belong to Inc.com.