META stock
Metas shares were down just over 61 for the year so far as of Wednesdays close before the earnings report. That drop significantly outpaces the benchmark SP 500 stock index 20 decline for.
Why Meta Platforms Stock Can Rebound Nicely From Here Nasdaq
Meta reported a net income of 44 billion falling 52 year over yearEarnings per share for the quarter came in at 164 below analyst estimates of 189.
. 9920 129 1 Growth Stock Down 73 to Buy Hand Over Fist Motley Fool - Sun Oct 30 915AM CDT. The target price for Meta stock is 15558 based on the average of what a group of analyst think Meta stock could be worth at a future date. Demand for online advertising has declined in recent months amid rising inflation and fears of a looming.
META stock quote history news and other vital information to help you with your stock trading and investing. Meta Platforms Inc doing business as Meta and formerly named Facebook Inc and TheFacebook Inc is an American multinational technology conglomerate based in Menlo Park CaliforniaThe company owns Facebook Instagram and WhatsApp among other products and services. View Meta Platforms Inc META investment stock information.
Shares of Meta Platforms Inc. According to Meta Platforms latest proxy statement Zuckerberg owns more than 350 million shares of the companys stock which is down more than 56 year to date as of the time of publication. Meta Platforms last issued its quarterly earnings data on July 27th 2022.
Facebook parent Meta Platforms Inc on Wednesday forecast a weak holiday quarter and significantly more costs next year sending shares down nearly 20 as investors voiced skepticism about the companys pricey metaverse bets. During Metas 13-month swoon from an all-time high of 38433 September 2021 the issue has seen several. We mentioned the losses that were seeing in Meta today.
Metas stock fell almost 17 in after-hours trading Wednesday following the results. It has lost ground to its surging rival TikTok and its revenue has been curtailed by Apples iOS privacy changes. This was proven on Tuesday as the companys stock slumped by.
The company generated 2771 billion. Investors werent impressed by. Find the latest Meta Platforms Inc.
As Meta shapes its antitrust defense it has begun pointing out its plummeting stock price as a sign that competition is alive and well in its market. META 129 rallied 118 to 14802 Monday on what proved to be an all-around favorable trading session for the stock market with the NASDAQ Composite. The Meta price action makes it the PreMarket Prep Stock of the Day.
Shares of Meta are done after Atlantic Equities downgraded the stock citing revenue concerns. Demand for online advertising has declined in recent months amid rising inflation and fears of a looming. Shares of Meta Platforms META 129 were trading down 35 as of 1012 am.
The stock remains in a downtrend after breaking below their 50-day moving average in early September. META -128 shed 288 to 13637 Monday on what proved to be an all-around grim trading session for the stock market with the NASDAQ Composite Index. Shares of Meta Platforms Inc.
Metas market value is down by more than 60 since the spring. Meta is one of the worlds most valuable companiesIt is considered one of the Big. Meta META shares plunged more than 22 on Thursday morning after the Facebook parent reported the prior day that its revenue declined last quarter and missed analysts expectations.
Im sure some shareholders are wondering how a potentially trillion-dollar opportunity has resulted in such. The social networking company reported 246 earnings per share for the quarter missing the consensus estimate of 250 by 004. Motley Fool - Sun Oct 30 1002AM CDT.
Discuss news and analysts price predictions with the investor community. The gain comes on top of a broad rally for the markets as investors start to weigh. Meta short sellers have now generated more than 6 billion in profits year-to-date.
The social media giant turned metaverse pioneer has seen its stock price fall substantially since reporting third-quarter results. Get the latest Meta Platforms Inc META detailed stock quotes stock data Real-Time ECN charts stats and more. META stock quote history news and other vital information to help you with your stock trading and investing.
Is Metas Stock Price Crash Justified. See FB stock price and BuySell Meta. Elsewhere Dow Jones tech giant Microsoft MSFT lost 15 and remains in a downtrend as well.
A good day for the stock market isnt necessary beneficial for social media king Meta Platforms META 129 too. Buy Meta FB Stock. The company is also in the midst of a controversial rebranding having changed its corporate moniker to Meta META -271 from Facebook last fall amid a bigger push into the metaverse.
Meta Platforms stock has fallen 60 since it announced its name change on Oct. Part of that. Find the latest Meta Platforms Inc.
Meta Platforms shares plummeted 24 on Thursday to its lowest price since 2016. The forecast knocked about 67 billion off Metas stock market value in extended trade adding to the more than half a trillion. Metas stock fell almost 17 in after-hours trading Wednesday following the results.
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