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Meta stock is up by nearly 91% over the last year, including over 60% in 2024. StockStory aims to help individual investors beat the market. Laura Bratton is a reporter for Yahoo Finance.
Meta Platforms (NASDAQ: META) stock has dramatically improved over the last two years. This move has fundamentally transformed the stock of Facebook's parent company. Thus, investors should ...
Meta Platforms (NASDAQ: META) was the big winner of the group, up about 68% on the year, while Pinterest (NYSE: PINS) and Snap (NYSE: SNAP) were down 18% and 34%, respectively. Meta is the king of ...
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.
Even though Meta stock has gained impressively in the past year, it is trading at 29.8 times earnings. That's a slight discount to the Nasdaq-100 index's earnings multiple of 31.7 (using the index ...
The metaverse vision and the name change from Facebook, Inc. to Meta Platforms was introduced at Facebook Connect on October 28, 2021. [16] Based on Facebook's PR campaign, the name change reflects the company's shifting long term focus of building the metaverse, a digital extension of the physical world by social media , virtual reality and ...
The stock increased modestly in coming days, and Facebook closed its first full week of trading at $31.91. [41] The stock returned to losses for most of its second full week, and had lost over a quarter of its starting value by the end of May. This led the Wall Street Journal to call the IPO a "fiasco."
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.