Meta Platforms, Inc. (META)
| Previous close | 559.10 |
| Open | 559.98 |
| Bid | 562.00 x 100 |
| Ask | 562.43 x 100 |
| Day's range | 556.30 - 564.50 |
| 52-week range | 279.40 - 564.50 |
| Volume | |
| Avg. volume | 13,911,066 |
| Market cap | 1.423T |
| Beta (5Y monthly) | 1.21 |
| PE ratio (TTM) | 28.73 |
| EPS (TTM) | 19.57 |
| Earnings date | 23 Oct 2024 - 28 Oct 2024 |
| Forward dividend & yield | 2.00 (0.36%) |
| Ex-dividend date | 16 Sept 2024 |
| 1y target est | 566.94 |
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A former Snap engineer who worked on designing previous versions of the glasses, slammed the product in a post on X this week.
Investor's Business DailyMeta, IBD Stock Of The Day, In A Buy Zone Even As Mag 7 Stocks Stall
S&P 500 giant Meta Platforms is Friday's IBD Stock Of The Day, as the Facebook-parent declined slightly during market trade but is in a buy zone from an official entry amid Meta's nearly 60% rally this year. The Facebook and Instagram parent company at the end of July cleared Q2 estimates with a 73% increase in earnings on 22% revenue growth. Shares of Meta have galloped 18% higher since that earnings report as the company has pivoted from the metaverse to focus on its artificial intelligence ambitions.
ReutersKenya court finds Meta can be sued over moderator layoffs
NAIROBI (Reuters) -A Kenyan court ruled on Friday that Facebook's parent company Meta could be sued in the East African nation over the dismissal of dozens of content moderators by a contractor. Last year the content moderators sued Meta and two contractors, saying they lost their jobs with Sama, a Kenya-based firm contracted to moderate Facebook content, for trying to organise a union. They said they were then blacklisted from applying for the same roles at another firm, Majorel, after Facebook changed contractors.
