Meta Platforms Inc. ($META) has shown a significant recovery in its stock performance, bouncing back by over 75 points from last week's lows. Following a strong earnings report, the stock has regained nearly all of its previous downtrend, with reports indicating that it has recovered 580 points in just 10 days. Investors are optimistic, with some locking in profits while maintaining positions for potential further gains. The stock is currently above its post-earnings levels, and analysts are targeting all-time highs as the next milestone. The company's advertising engine continues to improve, contributing to the positive sentiment among traders.
$META ad engine keeps improving h/t @BankBraavos https://t.co/29k4lRa4Cp
$META going blue sky https://t.co/3pMuojHWTw
locked more positions for profits! still holding come c positions another happy day! time to run https://t.co/BQdXGgLpzb