Why Are Shares of Meta Crashing After Earnings?

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On this video, I’ll go over Meta Platforms(NASDAQ: META) first-quarter earnings report. The corporate reported a beat on high and backside strains, however that wasn’t sufficient.

*Inventory costs used had been from the buying and selling day of April 24, 2024. The video was revealed on April 24, 2024.

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Randi Zuckerberg, a former director of market improvement and spokeswoman for Fb and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Idiot’s board of administrators. Neil Rozenbaum has positions in Meta Platforms and Tesla. The Motley Idiot has positions in and recommends Meta Platforms and Tesla. The Motley Idiot has a disclosure policyNeil is an affiliate of The Motley Idiot and could also be compensated for selling its companies. Should you select to subscribe by means of his link, he’ll earn some more money that helps his channel. His opinions stay his personal and are unaffected by The Motley Idiot.

The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.

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