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Meta Platforms Inc. ($META) experienced a decline in its stock price, initially falling by 1% in pre-market trading and later dropping by 3% on November 6, 2024. Despite this drop, the company remains optimistic about its future performance, forecasting a 50.9% growth in earnings per share (EPS) for the year. The company's Chief Financial Officer highlighted strong returns from improvements in both engagement and ad performance, which are expected to drive revenue gains.
How it feels bagholder $META today https://t.co/eu2HBg1B1s
On AI and ROI: "We’re still seeing strong returns as improvements to both engagement and ad performance translate to revenue gains." - $META CFO https://t.co/RtRfzCt4cv
$META crazy