Why Facebook, Inc. Stock Jumped Thursday
Shares of Facebook (NASDAQ: FB) rose as much as 6% on Thursday, following the company's better-than-expected second-quarter earnings release. The stock is up about 5.3% as of 11 a.m. EDT.
Not only were Facebook's financial results better than analysts were expecting, but the company moderated its outlook for expense growth for the rest of the year.
Facebook CEO Mark Zuckerberg. Image source: Facebook.
Source: Fool.com
Meta Platforms Inc. Stock
€429.00
2.510%
With 10 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
With a target price of 500 € there is a slightly positive potential of 16.55% for Meta Platforms Inc. compared to the current price of 429.0 €.