These are raw quotes from victims, witnesses and officials during a news breaking situation

(Reuters] – Meta Platforms Inc, the owner of Facebook (NASDAQ) plunged 22% Wednesday night after it missed Wall Street earnings estimates. The social media giant posted a weaker forecast than anticipated and its shares plummeted.

Other social media firms also lost their way after the bell. These included Twitter (NYSE), Pinterest(NYSE:), Spotify (NYSE)), all of which released disappointing results Wednesday night.

STORY:

COMMENTS:

ROBERT PAVLIK, SENIOR PORTFOLIO MANAGER, DAKOTA WEALTH  MANAGEMENT, FAIRFIELD, CONNECTICUT

    “It’s disappointing. I don’t think it turns around the current relief rally we are seeing in the tech space. It might have an influence on some of the advertising companies.”

    “People have pushed the concerns about the Fed and inflation aside for at least right now. I don’t think that the Facebook news detracts from that thinking.”

MICHAEL FAR, CEO OF FARR MILLER & WASHINGTON LLC

“The company is still a fabulous company, people continue to have a lot of profits in this company, but misses and downward guidance are being brutally punished by investors.”

“This is a very unforgiving environment and this is likely an overreaction for companies with strong balance sheets. But we are seeing clearly that investors are skittish and they will hit the sell button first and ask questions later.”

PETER TUZ PRESIDENT OF THE CHASE INVESTMENT COMUNSEL IN CHARLOTTESVILLE VIRGINIA

“It’s a sign of decelerating growth, and people don’t like to see that with growth stocks.”