I should have clarified I'm looking for user engagement numbers, not stock price. There are dozens of Tech stocks that have had prices slashed: https://www.cnbc.com/2022/03/07/here-are-10-of-the-worst-per...

>If that isn't abject failure, what is?

Users fleeing the platform and no longer providing revenue would be abject failure. Companies pausing advertisement dollars as rates rise and tech generally having a tumultuous time in the market isn't an "abject failure".