Search results
Lower-than-expected revenue guidance
- The drop came after the company posted lower-than-expected revenue guidance for the second quarter. Further, its plan to aggressively invest in artificial intelligence has made investors cautious.
People also ask
Did Meta Stock lose 12% in April?
Did Meta's Stock go up too much?
Why did Meta Stock drop 7%?
Is Meta Stock overvalued?
Apr 30, 2024 · That said, the stock price plummeted 10.6% April 25th vs a 0.5% decrease in the broader index. The drop came after the company posted lower-than-expected revenue guidance for the second quarter.
May 8, 2024 · According to data from S&P Global Market Intelligence, Meta stock lost 12% in April. As you can see from the chart below, the stock was actually in positive territory for most of the month...
- Jeremy Bowman
May 13, 2024 · The stock experienced a significant drop of up to 19% in extended trading on April 24, wiping out over $200 billion in market capitalization.
4 days ago · Longitude Cayman Ltd. reduced its holdings in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 24.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission.
- 345 N Reid Place, Suite 620, Sioux Falls, 57103, SD
- contact@marketbeat.com
- (844) 978-6257
Apr 29, 2024 · Meta’s stock price dropped 16% intraday despite beating expectations. The company announced AI initiatives and increased infrastructure spending.
May 1, 2024 · Around a year and a half ago, Meta's stock crashed to below $90, surging to over $520 recently (about a 500% increase). The bar was set extremely high, and the stock needed a pullback after such...