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Meta Stock Discount Overdone? Ad Growth Strong Ahead of Q2 Earnings

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Meta trades near $595, down 25% from highs, at 22x earnings vs S&P's 28.5x.
  • Q1 ad revenue grew 33% but rising capex ($125-145B) worries investors ahead of Q2 earnings on July 29.
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META price history

676.18 +4.63% over the displayed period

Advisor Snapshot

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