Text size Meta Platforms, the former Facebook, has a lower price-to-earnings ratio than other Big Tech companies. Noah Berger/AFP via Getty Images Meta Platforms ‘ stock is as cheap now as it has ever been since the company’s 2012 initial public offering. After a 32% fall in its shares, to $219, since Feb. 2, when […]
Meta Faces Another Tough Quarter. One Analyst Sees More Trouble Ahead.
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April 14, 2022
Text size Evercore ISI’s Mark Mahaney set a short-term Underperform rating on Meta shares. NOAH BERGER / AFP / Getty Images There is growing consensus on the Street that Facebook parent Meta Platforms is headed for yet another rough quarter. Meta shares (ticker: FB) have fallen by about a third since the fourth-quarter earnings report, […]