Decline
Kelly Sullivan Long-term vision collides with near-term fear. Below is a chart that depicts a steep 75% drop in Meta (NASDAQ:META) stock over the course of just one year – a ferocious market cap decline of ~$750 billion. Most investors don’t care about the next 10 years, they cannot see past the next 6-12 months, […]
Meta (FB), Facebook’s parent company, reported revenue of $28.8 billion for the three months ending in June, a 1% drop from the prior-year quarter and its first year-over-year revenue decline since going public in 2012. The company’s profit fell far more sharply. Net income during the quarter declined 36% year-over-year to nearly $6.7 billion, a […]
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