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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 ...
Meta finished 2023 as one of the best-performing technology stocks of the year, with its share price up 150 percent. Its stock reached an all-time high in January 2024, bringing Meta within 2% of achieving $1 trillion market capitalization.
February 2, 2024 at 1:25 PM. Meta Platforms' ( META) stock rocketed higher on Friday, climbing more than 20% after the company posted better-than-expected earnings and guidance and announced new ...
The next day of trading after the IPO (May 21), the stock closed below its offering price, at $34.03. The stock saw another large loss the next day, closing at $31.00. A 'circuit breaker' was used in an attempt to slow down the decline in the stock price. The stock increased modestly in coming days, and Facebook closed its first full week of ...
Meta's stock surged 20.3% for the session, also recording its biggest one-day percentage increase in a year and its third biggest since its 2012 Wall Street debut. Its stock market value now ...
The company’s stock was up more than 21% after Meta reported a 25% jump in year-over-year revenue for the fourth quarter on Thursday. Partly fueling that increase may be Zuckerberg’s ...
The new, 50-cent quarterly dividend, along with strong results in Meta’s core advertising business, ignited Meta’s stock, which shot up 14.5% in after hours trading.
The Meta as a "cheap" stock narrative is also supported by a peek at valuation versus recent historical norms. Meta's current forward price-to-earnings multiple is relatively in line with its ...
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