Meta Is On Brink Of Falling Out Of Top 20 Biggest US Stocks

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Meta Is On Brink Of Falling Out Of Top 20 Biggest US Stocks   Meta’s stock is down as much as 23 per centin premarket trading after it spooked investors with ballooning costs to fund its version of virtual reality and a decline in revenue.   Meta Platforms Inc. shareholders are paying dearly for its spending on the metaverse: The Facebook parent’s market value has collapsed by a whopping $520 billion in the past year, and now it’s on the brink of getting booted from the ranks of the 20…