NEW YORK (TheStreet) -- Social media stocks fell on Monday prior to Facebook's (FB) - Get Meta Platforms Inc. Class A Report upcoming earnings results announcement at the close of the trading day on Wednesday. Twitter (TWTR) - Get Twitter, Inc. Report was the biggest decliner with a 6.19% drop to $57.92 at the close of the trading day. Twitter is scheduled to make its first quarterly earnings report on Wednesday, Feb. 5.
Facebook, too, dipped 1.65% to $53.55, while LinkedIn (LNKD) dropped 5.69% to $205.03. Yelp (YELP) - Get Yelp Inc Report fell 4.67% to $72.44, and Groupon (GRPN) - Get Groupon, Inc. Report dropped 2.82% to $9.99.
Facebook will mark its tenth anniversary since it went live on Tuesday, Feb. 4.