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650 6 hours ago

Stock is down more than 12% over the past 5 days. I think Meta still has a strong hold on the online advertising market, but growth from here is hard.

Noteworthy stats: EPS $6.18, missing the consensus expectation of roughly $7.14 due to heavy costs.

One-Time Charges: Impacted by a $2.4 billion charge for legal proceedings and $1.18 billion in severance from recent workforce reductions.

It's now down 23% over the past 12 months, and the stock is now the same price as Sept 2024