|Bid||193.50 x 800|
|Ask||193.55 x 1100|
|Day's range||187.87 - 197.91|
|52-week range||169.00 - 384.33|
|Beta (5Y monthly)||1.37|
|PE ratio (TTM)||14.65|
|Earnings date||26 Jul 2022 - 01 Aug 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||300.86|
You've heard the expression that "a diamond is forever." Here are the "diamonds" of tech.
Today's video focuses on recent news impacting Meta Platforms (NASDAQ: FB), formerly known as Facebook. There have been numerous reports of increased competition, a freeze in hiring, and plans shifting away from the metaverse, all of which could portray a bearish sentiment.
Shares of Facebook parent Meta Platforms (NASDAQ: FB) rose by as much as 3.5% Friday morning, and were still up 0.8% as of 11:55 a.m. ET. The social media company likely got a boost from an upbeat early morning for the Nasdaq Composite, which was initially up by more than 1%, but was down by more than 1% just before noon. Investors have been worried about Meta's slowing revenue growth rate and losses from its Reality Labs segment, which includes its augmented and virtual reality products and services.