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Why Do Meta Shares Crash After Earnings?

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Why Do Meta Shares Crash After Earnings?

In this video I go through it Metaplatforms(NASDAQ: META) first quarter earnings report. The company reported an increase in both top and bottom line results, but that wasn’t enough.

*The stock prices used were from the trading day of April 24, 2024. The video was published on April 24, 2024.

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Randi Zuckerberg, former director of market development and spokeswoman for Facebook and sister of Mark Zuckerberg, CEO of Meta Platforms, is a member of The Motley Fool’s board of directors. Neil Rozenbaum has positions in Meta Platforms and Tesla. The Motley Fool holds positions in and recommends Meta Platforms and Tesla. The Motley Fool has one disclosure policy. Neil is an affiliate of The Motley Fool and may receive compensation for promoting his services. If you choose to subscribe via its link, he will make some extra money to support his channel. His opinions remain his own and are not influenced by The Motley Fool.

Why Do Meta Shares Crash After Earnings? was originally published by The Motley Fool