What really rubbed investors the wrong way was a dent in Facebook’s daily active users (DAUs). Meta reported a fourth-quarter EPS of $3.67, down about 5% from the previous year. However, its earnings per share fell short of expectations. It met expectations with 2.9 billion monthly active users - a metric Meta uses to measure Facebook’s global footprint. The company reported healthy revenue growth, beating analyst predictions. Meta released its fourth-quarter earnings report in early February 2022. Whether or not FB deserves a spot in your portfolio depends on your ultimate goals and investment strategy.įacebook’s (Meta) latest financial results This alone may be a deal breaker for income-seeking investors. FB’s volatility is another major factor to consider, as its price is bumpier than the average S&P 500 component.Īgain, Meta has never paid dividends and has not released plans to do so. But some investors see a buying opportunity in these struggles as Meta gears up for the next phase of the internet: the metaverse. You can find this information on financial websites such as Nasdaq, where you can track FB’s stock prices over time and find key metrics like its market capitalization, earnings per share, price-to-earnings aka p/e ratio and more.Īnalysts note that Facebook faces growth headwinds, ceding users to trendier social networks, and its stock price has been down since early 2022. To determine this, you should also consider FB’s historical stock performance. While Meta’s finances are crucial to understand, how its stock performs and whether it deserves a spot in your portfolio are just as important. These documents will give you a better picture of the business side of Meta. The Securities and Exchange Commission (SEC), a federal government agency that regulates markets, also compiles documents on publicly traded companies, including Meta, that anyone can view. In terms of Meta’s finances, a good place for beginners to learn more is through its recent earnings reports, which you can access by going to Meta’s investor-relations page on the company’s website. stock market index that tracks the performance of the largest companies in the country. Meta is currently one of the top 10 components of the S&P 500, which is a U.S. The new ticker will be MVRS, in reference to the metaverse, and is expected to go into effect some time in 2022. Just as the company’s name changed, its ticker will too - eventually. In short, that means you should dig into the company’s financials, competition and stock performance.įacebook aka Meta stock is traded on the Nasdaq exchange under the ticker symbol FB. As with any stock, before you decide to buy any shares, you should first do your due diligence. Currently, Meta’s plans indicate its version of the metaverse will be focused on the virtual-reality aspect, connecting people in a virtual space through the likely use of virtual-reality goggles and other wearable technology.Įven if you don’t fully understand the metaverse - or social media for that matter - you may still want to buy Facebook stock. ![]() ![]() What form the metaverse will take isn’t exactly clear yet. As its new name implies, Meta is now focused on the metaverse, which Zuckerberg describes as “the next frontier” of the internet. Meta has played a major role in shaping social media, society and perhaps even democracy itself. Since Mark Zuckerberg co-founded Facebook (now Meta) in 2004 along with several of his Harvard University classmates, the company has become an integral part of the daily lives of nearly two billion people around the world. So does it deserve a spot in your portfolio? (If so, you can buy it through any of the best online stock trading platforms.) Here’s how to find out. ![]() It’s also worth noting at the outset that Meta doesn’t pay dividends. You might be wondering, how much is Facebook stock now? In the spring of 2022, shares have traded around $228. Suffice it to say, Meta’s stock price has gone through some major swings. For the first time ever, Facebook had just reported a loss of active users, and its share price plummeted, wiping out more than $250 billion in market value in one day - the largest single-day loss in market history. Then came February 3, 2022, a day many investors will remember for years to come. More recently, Meta’s stock price hit an all-time high in September 2021, closing at $382.
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