meta reported earnings after the close
today
Facebook
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the stock is down almost 20
percent and selling for 105 dollars a share in after hours
White Twitch
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trading now meta also hasn't traded in this range since 2015
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so the stock has now lost seven
years of gains and it's now down at 73 from its all-time highs in 2021
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the
stock is absolutely crashing and due to Mark Zuckerberg's investments in the metaverse
last year for the third quarter meta generated about 28.3 billion dollars in advertising revenue
last year for the third quarter
meta generated about 28.3 billion
dollars in advertising revenue
Running
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This quarter it was about 27.2 billion
This quarter it was about 27.2 billion
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so advertising revenue is down about four to five percent a year over year world
so advertising revenue is down about four to five percent a year over year world
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