Facebook Stocks Drop

Facebook's stock drops 20% after weak earnings and a big forecast miss [{ "selector": ".nkibg-a", "duration": "1000ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 408px))", "opacity": 1}, {"offset": 1, "transform": "translateY(0)", "opacity": 1} ] }]

Late Wednesday, Meta Platforms (FB) reported fourth-quarter results and outlook below [{ "selector": ".fiivu-a", "duration": "1000ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 448px))", "opacity": 1}, {"offset": 1, "transform": "translateY(0)", "opacity": 1} ] }]

EXPECTATIONS. THE COMPANY'S FIRST REPORT SINCE REBRANDING FROM FACEBOOK THREE MONTHS [{ "selector": ".povhr-a", "duration": "1000ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 448px))", "opacity": 1}, {"offset": 1, "transform": "translateY(0)", "opacity": 1} ] }]

AGO. FB STOCK FELL. THE COMPANY EARNED $3.67 PER SHARE ON $33.67 BILLION IN REVENUE. ACCORDING TO [{ "selector": ".ocgkb-a", "duration": "1000ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 448px))", "opacity": 1}, {"offset": 1, "transform": "translateY(0)", "opacity": 1} ] }]

FACTSET, META EARNED $3.85 ON $33.7 BILLION IN REVENUE. REVENUE INCREASED 20% FROM THE [{ "selector": ".zioaw-a", "duration": "1000ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 448px))", "opacity": 1}, {"offset": 1, "transform": "translateY(0)", "opacity": 1} ] }]

PRIOR QUARTER, THE SLOWEST GROWTH IN SIX QUARTERS. FACEBOOK EXPECTS FIRST-QUARTER REVENUE OF $27-29 BILLION, [{ "selector": ".tvasm-a", "duration": "1000ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 413px))", "opacity": 1}, {"offset": 1, "transform": "translateY(0)", "opacity": 1} ] }]

A 3-11% INCREASE. $30.2 BILLION WAS EXPECTED. "WE EXPECT HEADWINDS TO BOTH IMPRESSION AND PRICE [{ "selector": ".ixyim-a", "duration": "1000ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 448px))", "opacity": 1}, {"offset": 1, "transform": "translateY(0)", "opacity": 1} ] }]

GROWTH IN THE FIRST QUARTER," FACEBOOK SAID IN ITS EARNINGS RELEASE. FB STOCK FELL 20.7 PERCENT TO 256.50 IN AFTER-HOURS [{ "selector": ".itngb-a", "duration": "1000ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 413px))", "opacity": 1}, {"offset": 1, "transform": "translateY(0)", "opacity": 1} ] }]

TRADING TODAY. META HAD PREVIOUSLY WARNED OF EARNINGS REPORT UNCERTAINTY. THIS INCLUDES CONTINUED [{ "selector": ".erndb-a", "duration": "1000ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 413px))", "opacity": 1}, {"offset": 1, "transform": "translateY(0)", "opacity": 1} ] }]

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