platforms
What happened The stock market came roaring back to life on Monday, with the Nasdaq index up a whopping 3.4% for the day. Almost all technology stocks gained ground during the session, including Meta Platforms (NASDAQ:FB). The parent company of Facebook, Instagram, and WhatsApp finished the day up 3.8%, but one prominent analyst believes its […]
Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here. (Updated – January 19, 2022 1:19 PM EST) Meta Platforms (NASDAQ: FB) Instagram introduces subscriptions. From the company: Creators inspire people around the world with their talents and push culture forward every day. At Meta, we strongly believe in enabling creators to […]
What happened Shares of Meta Platforms (NASDAQ:FB), the parent company of Facebook, tumbled on Tuesday, declining as much as 4.1%. As of 11:30 a.m. ET, the stock was down 3.9%. The stock’s decline was likely primarily driven by a rough day in the overall market on Tuesday — especially for tech stocks like Meta Platforms. […]
Investment company Powell Investment Advisors, LLC (Current Portfolio) buys SVF Investment Corp, Meta Platforms Inc, Vanguard Large Cap ETF, Bank of America Corp, Eli Lilly and Co, sells Financial Select Sector SPDR, ARK Innovation ETF, Unilever PLC, AMMO Inc, Apollo Global Management Inc during the 3-months ended 2021Q4, according to the most recent filings of […]
BOSTON, MA / ACCESSWIRE / December 15, 2021 / The Thornton Law Firm reminds investors that a class action lawsuit has been filed on behalf of investors of Meta Platforms, Inc. f/k/a Facebook, Inc. (NASDAQ:FB). The case is currently in the lead plaintiff stage. Investors who purchased FB securities on or after November 3, 2016 […]
Leon Neal/Getty Images News Elevator Pitch I continue to rate Meta Platforms, Inc.’s (NASDAQ:FB) shares as a Buy. I emphasized that I was “still positive on Meta’s intermediate-term business outlook” despite “the Giphy deal getting blocked” which “brings antitrust issues for Meta Platforms into the spotlight” in my prior December 14, 2021 article. In the […]
The recent tech selloff may have gone too far. And Facebook parent Meta Platforms‘ (NASDAQ:FB) beaten-down valuation may help illustrate why. Consider this: Slower-growing Coca-Cola (NYSE:KO) and McDonald’s (NYSE:MCD) have higher price-to-earnings ratios than Facebook. Today, Meta Platforms has a price-to-earnings ratio of 23.6, while Coca-Cola’s and McDonald’s are 29.7 and 27.0, respectively. Sure, some […]
Kira-Yan/iStock Editorial via Getty Images We are bullish on Meta Platform (FB), formerly known as Facebook, and we recommend investors buy shares here. Meta shares underperformed S&P in 2021, with the stock up about 23% versus S&P up nearly 27%. The underperformance of FB is attributed to privacy changes Apple (NASDAQ:AAPL) enacted as part of […]
Insiders were net sellers of Meta Platforms, Inc.’s (NASDAQ:FB ) stock during the past year. That is, insiders sold more stock than they bought. Although we don’t think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether. Check out our latest analysis for Meta Platforms Meta Platforms Insider […]
What happened Shares of Meta Platforms (NASDAQ:FB), the recently renamed Facebook, jumped on Monday. As of 11:35 a.m. ET today, the stock was up more than 3%. The stock’s gain is likely being driven both by a pretty bullish day for the overall stock market on Monday and reports that Meta Platforms’ Oculus virtual reality […]
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