Meta, Exxon, Snap: The Decisive Stocks of the Week

in #meta • 3 years ago


Meta Platforms Inc.

Stocks in several big tech companies struggled on Thursday as doubts mounted about the tech boom that propelled US stock markets during the pandemic and boosted the economy. Facebook's parent Meta Platforms reported a sharp drop in profits and said it lost about one million daily users globally. Its shares plunged 26% on Thursday. But shares of Amazon.com Inc. soared after nearly doubling profits in the holiday period.

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#exxon #snap #decisive #stocks #of #the #week
3 years ago in #meta by
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