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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.
Following Facebook whistleblower Frances Haugen’s testimony before the Senate Commerce Subcommittee on Consumer Protection, the company’s shares began trading around 3% lower from the previous ...
Did Zuckerberg sell Facebook stock? Zuckerberg sold nearly $428 million worth of Meta Platforms, Inc. shares at the end of 2023, according to Market Watch, which referenced a regulatory filing ...
Since the record Christmas Eve decline in the broader markets, Facebook (NASDAQ:FB) stock has staged an impressive comeback and year to date the stock is up almost 30%. When FB reported quarterly ...
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."
Yahoo Finance Live's Akiko Fujita breaks down how Meta's stock continues to slide following a whistleblower's testimony on the social media company's algorithmic practices.
Facebook investigations revealed that Archimedes had spent some $1.1 million ($1.31 million in 2023 dollars [31]) on fake ads, paid for in Brazilian reais, Israeli shekels and US dollars. [334] Facebook gave examples of Archimedes Group political interference in Nigeria, Senegal, Togo, Angola, Niger and Tunisia. [335]
Writers at TechCrunch, on the other hand, expressed skepticism, stating, "That's a big multiple to live up to, and Facebook will likely need to add bold new revenue streams to justify the mammoth valuation." [30] Trading in the stock, which began on May 18, was delayed that day due to technical problems with the Nasdaq exchange. [31]