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Earnings per share (EPS) soared from $2.98 a year ago to $5.16. Family daily active people (DAP), which measures registered users that log into one of its apps on a daily basis, rose nearly 7% ...
Meta stock ripped higher on Thursday, rising as much as 9% while investors celebrated the company's better-than-expected second quarter results and a forecast for higher revenue than Wall Street ...
Meta stock crashed 22% on Thursday as the Facebook and Instagram owner continued to spend aggressively to build out its metaverse. The build out contributed to a 1,600 basis point plunge in Meta's ...
Based on its after-hours price Wednesday, the stock is valued at a price-to-earnings ratio of 26.5, essentially in line with the S&P 500. But Meta Platforms is still seeing explosive growth, and ...
August 1, 2024 at 1:22 PM. The stock of Meta Platforms (NASDAQ: META) is making big gains today following its recent quarterly report. The company's share price was up 6.1% as of 12:30 p.m. ET on ...
Meta faces tough AI, regulatory landscape. Meta stock has had a tremendous run so far in 2023, rising over 145% year to date. But at $295.89 it's still well below its all-time high of $382.12 on ...
Meta is Erickson's top pick from his sector coverage for 2023. The bullish call comes after a brutally challenging year for Meta as the economic slowdown weighed on corporate advertising spending ...
Meta's stock currently trades on a P/E multiple of 19.2 times estimated calendar 2024 earnings, below the S&P 500's level of 21. Yet, Meta is expected to grow profits significantly higher than the ...
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