Zuckerberg's Plans to Spend Big on Security, Abuse Prevention Give Investors Pause
In this segment of the Motley Fool Money radio show, host Chris Hill, Million Dollar Portfolio's Jason Moser and Matt Argersinger, and Total Income's Ron Gross discuss the reasons that rapidly rising profits and user numbers were not enough to buoy Facebook (NASDAQ: FB) shares on Friday.
CEO Mark Zuckerberg handed out quarterly numbers that were excellent by any measure. However, when he discussed his intentions to put real money not just into content, VR, and the like but also into security and the prevention of abuse of its platform, he got some investors worried about margins.
A full transcript follows the video.
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 €.
