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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.
The news sent Meta shares popping more than 14% in after-hours trading Thursday. Thursday’s report marked the fourth quarter of Meta’s self-described “year of efficiency,” which Zuckerberg ...
Shares of Meta Platforms (NASDAQ: META) popped on Wednesday, gaining as much as 3.1%. As of 11:34 a.m. ET, the stock was still up 2.4%. The catalyst that sent the social media and artificial ...
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 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 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 ...
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.
t. e. Meta Platforms (formerly Facebook, Inc.) is a technology company that has acquired 91 other companies, including WhatsApp. The WhatsApp acquisition closed at a steep $16 billion; more than $40 per user of the platform. Meta also purchased the defunct company ConnectU in a court settlement and acquired intellectual property formerly held ...