Why Meta Platforms Stock Just Dropped
Meta Platforms (NASDAQ: META) stock tumbled 9.1% through 11:45 a.m. ET Thursday despite beating its Q1 earnings report last night. Heading into the report, analysts forecast Meta to earn $6.65 per share on sales of $55.5 billion. In fact, Meta earned $10.44 per share on sales of $56.3 billion.
So what's wrong with that?
Source Fool.com
Meta Platforms Inc. Stock
€482.65
3.440%
With 12 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
With a target price of 645 € there is a positive potential of 33.64% for Meta Platforms Inc. compared to the current price of 482.65 €.
