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Meta Platforms Inc. (META) experienced a notable rebound in its stock price, closing above its 200-day simple moving average (SMA) after reporting strong earnings. The company's shares rose by approximately 7.6% to 9% over the week following the earnings announcement, reflecting positive investor sentiment. Market analysts highlighted Meta's robust financial performance as a key driver behind the stock's upward momentum.
Meta's share price is up 9% this week after reporting earnings. This is a short financial review of Meta's key financial metrics. https://t.co/e8gDwPRGfD
$META closed back above its 200 day moving average https://t.co/sFGRhzuKns
$META closes back above its 200 day moving average 📈 https://t.co/fpjWoP87Vc