META stock

The stock nonetheless set a new record for trading volume of an IPO. It has lost ground to its surging rival TikTok and its revenue has been curtailed by Apples iOS privacy changes.

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The company has lost about two-thirds of.

. This is much lower. Shares of Meta Platforms Inc. Get the latest Meta Platforms Inc META real-time quote historical performance charts and other financial information to help you make more informed trading and investment decisions. 277 billion versus 274 billion expected.

Metas plunge translates into an eye-popping loss of about 700 billion in market value. 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. 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. 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.

Does that make it an excellent time to buy the. These are tumultuous times for Meta with investors fleeing the stock and the metaverse having its fair share of struggles and other economic headwinds. 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. Get Meta Platforms Inc METANASDAQ real-time stock quotes news price and financial information from CNBC.

According to the current price Meta Platforms is 10292 away from the 52-week low. Seemingly META stock cant catch a break gapping down on Monday before squeaking out a minor gain. Buy Meta FB Stock. Does that make it an excellent time to buy the stock now.

Facebook stock tanked in after-hours trading and was down more than 20 as of Thursday morning. The companys shares are down by more than 60 year-to-date YTD down from early Januarys 338 to around 136. Long-term investors may see even more value in the stock with META trading just under 100 a share at its lowest level since 2016. Here is how Meta performed in the third quarter which disappointed investors.

Earnings Per Share EPS. Meta shares have already cratered 61 this year as the tech company deals with an ad spending slowdown Apples privacy changes and greater competition from TikTok. Part of that. The gain comes on top of a broad rally for the markets as investors start to weigh.

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. The low in the last 52 weeks of Meta Platforms stock was 9639. Investors were hot on all manner of stocks Tuesday but some were only cool on the prospects for Meta Platforms META 129The social media kings shares rose at a 12 clip but. 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.

The investing thesis is unchanged. 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 California. META has traded poorly both before and since the GOOGL results a broken stock with lack of sponsorship and massive questions about strategic missteps coloring investor perception. Meta Platforms META 129 is spending billions to transition into a metaverse company.

Moving forward the underlying firm faces major hurdles it must overcome. What was the 52-week high for Meta Platforms stock. See FB stock price and BuySell Meta. At current levels META has a PE of 102X.

We mentioned the losses that were seeing in Meta today. Shares of Meta Platforms META 129 were trading down 35 as of 1012 am. Metas market value is down by more than 60 since the spring. Find real-time META - Meta Platforms Inc stock quotes company profile news and forecasts from CNN Business.

This is just the latest in a long line of legal headaches for Meta. An activist investor is taking exception to some of Metas business practices. Metas stock has been one of the major victims of the recent global market rout. Shares of Meta are done after Atlantic Equities downgraded the stock citing revenue concerns.

On Thursday Metas market value sank to 268 billion down from more than 1 trillion in September of 2021. 164 versus 189 expected Facebook. Meta Q4 revenue guidance came in between 30 billion and 325 billion while the Street was. Discuss news and analysts price predictions with the investor community.