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Meta's advertising revenue came in at $38.7 billion in the fourth quarter, beating expectations for $37.8 billion. The company also reported 2.11 billion Facebook daily active users.
Meta’s “year of efficiency” paid off in a big way. And it offered a sweetener for investors, sending its stock surging. The tech giant on Thursday reported that profit from the three months ...
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 ...
The next day of trading after the IPO (May 21), the stock closed below its offering price, at $34.03. [41] The stock saw another large loss the next day, closing at $31.00. [41] A 'circuit breaker' was used in an attempt to slow down the decline in the stock price. [42] The stock increased modestly in coming days, and Facebook closed its first ...
Meta Platforms, Inc., [ 10] doing business as Meta, [ 11] and formerly named Facebook, Inc., and TheFacebook, Inc., [ 12][ 13] is an American multinational technology conglomerate based in Menlo Park, California. The company owns and operates Facebook, Instagram, Threads, and WhatsApp, among other products and services. [ 14]
The market largely cheered Meta's report, as the stock was up 5% the day after delivering its results versus the Nasdaq-100's decline of 3%. That's a significant decline for a large index, so Meta ...
A number of new items were pushing Meta stock higher today. ... its price target on Meta from $550 a share to $575 and ... spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg ...
Meta's ad impressions — key to the company's monetization of its platforms — jumped 34% year-over-year, as the price per ad went down by 16% in that same period.