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This highly successful business model allowed Meta's stock to reach new heights. In the second quarter of 2024, Meta's advertising segment generated $38.3 billion in revenue, up 22% year over year.
Meta Platforms (NASDAQ: META) has been a dream stock for investors, returning 90% over the past year and an even more spectacular 548% since its low in 2022, when shares briefly traded under $90 ...
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 ...
What the Analysts Say. Of 44 analysts covering Facebook in February, 17 rate the stock a “strong buy” and 24 rate it a “buy,” according to Yahoo Finance. That’s down from January 2021 ...
Meta Platforms, Inc. 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]
Billboard on the Thomson Reuters building welcomes Facebook to NASDAQ, May 2012. Facebook's initial public offering came on May 17, 2012, at a share price of US$38 ($50.00 in 2023 dollars [20]). The company was valued at $104 billion ($138 billion in 2023 dollars [20]), the largest valuation to that date.
The Nasdaq Composite (ticker symbol ^IXIC) [ 2 ] is a stock market index that includes almost all stocks listed on the Nasdaq stock exchange. Along with the Dow Jones Industrial Average and S&P 500, it is one of the three most-followed stock market indices in the United States. The composition of the NASDAQ Composite is heavily weighted towards ...
Facebook and Instagram parent Meta Platforms (NASDAQ: META) is soaring. The stock is trading at all-time highs after rising 91% in the last 52 weeks. It also commands a beefy stock price at $565 ...