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Meta Platforms' stock rocketed higher on Friday, climbing more than 20% after the company posted better-than ... at its lows in 2022, the stock fell to as low as $90. Meta's market cap now stands ...
Facebook Daily Active Users ... U.S. December 20, 2022. ... Meta unveiled a new $40 billion stock buyback authorization, giving it $50 billion total capacity.
Meta is hiring again, after laying off more than 20,000 workers since late 2022. Meta's headcount was 72,404 as of September 30, an increase of 9% year-over-year, and up from 70,799 at the end of ...
Shares of Meta Platforms (NASDAQ: META) rose today as the social media giant benefited from a cooler-than-expected inflation report, the company's announcement yesterday that it would lay off 5% ...
[73] [74] [75] On October 27, 2022, Meta's market value dropped to $268 billion, a loss of around $700 billion compared to 2021, and its shares fell by 24%. It lost its spot among the top 20 US companies by market cap, despite reaching the top 5 in the previous year. [76] In November 2022, Meta laid off 11,000 employees, 13% of its workforce.
Meta stock could be worth a look after a 2022 beatdown, ... also slammed the Facebook parent company. “2022 was a relative disaster by almost any measure with the sector's FY performance [and ...
Meta reported its Q4 2022 earnings today after the bell, and the Facebook parent beat key revenue expectations and growing losses on its metaverse operation.It also announced a $40 billion stock ...
Both companies split their stock 20-for-1 in 2022, when each traded for more than $2,000 per share. This brought them down to more reasonable levels, at a split-adjusted $100 per share.