Facebook unveiled their new Meta sign at the company headquarters in Menlo Park, Calif., on Oct. 28, 2021. Shares of the company formerly known as Facebook saw a historic plunge Thursday after the social media giant reported a rare profit decline due to a sharp rise in expenses, shaky ad revenue growth and fewer daily U.S. users on its flagship platform. (AP Photo/Tony Avelar, File)
Meta is putting a lot of virtual eggs — and billions of dollars — into the metaverse basket, and Wall Street is pretty anxious about…