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July 18, 2024 at 8:45 AM. You would be a happy shareholder if you had invested in Meta Platforms (NASDAQ: META) during its 2012 initial public offering (IPO), under its original name, Facebook ...
The bears doubtful of Meta's turnaround in 2023 would have been blown away by the giant's first-quarter result in 2024. Revenue came in at $36.4 billion, an incredible 27% growth rate, while net ...
4. Decide How Much to Invest in Facebook. As of writing this in November 2022, Meta is currently trading at $90.54 per share. At the start of 2022, it was trading above $300/share. You could buy ...
Meta Platforms, Inc. Meta Platforms, Inc., [10] doing business as Meta, [11] and formerly named Facebook, Inc., and TheFacebook, Inc., [12] [13] is an American multinational technology conglomerate based in Menlo Park, California. The company owns and operates Facebook, Instagram, Threads, and WhatsApp, among other products and services. [14]
Meta Platforms United States: 2004 3.070 billion [1] [2] 2.11 billion daily active users [1] 2 YouTube: Alphabet Inc. United States: 2005 2.504 billion [3] 3 WhatsApp: Meta Platforms United States: 2009 2 billion [3] Had 1 billion daily active users when it had 1.3 billion monthly active users [citation needed] 4 Instagram: Meta Platforms ...
Facebook provides a development platform for many social gaming, communication, feedback, review, and other applications related to online activities. This platform spawned many businesses and added thousands of jobs to the global economy. Zynga Inc., a leader in social gaming, is an example of such a business.
Based on its after-hours price Wednesday, the stock is valued at a price-to-earnings ratio of 26.5, essentially in line with the S&P 500. But Meta Platforms is still seeing explosive growth, and ...
Meta Platforms, Inc. (formerly Federal Trade Commission v. Facebook, Inc.) is an ongoing antitrust court case brought by the Federal Trade Commission (FTC) against Facebook parent company Meta Platforms. The lawsuit alleges that Meta has accumulated monopoly power via anti-competitive mergers, with the suit centering on the acquisitions of ...
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