Meta stock

Meta stock

Meta Platforms stock rises after strong earnings report

Meta Platforms, formerly known as Facebook, has reported better-than-expected earnings for its fourth quarter. The company's adjusted earnings per share stood at $5.33, surpassing Wall Street's estimates. As a result, Meta Platforms stock saw a significant rise in late trading on Thursday.

Investors were particularly pleased with Meta's revenue forecast for the March quarter, which exceeded expectations. This positive outlook has further boosted confidence in the company's performance and future prospects.

Meta Platforms, along with tech giants like Apple and Amazon, continues to dominate the market. With its strong financials and innovative strategies, Meta is well-positioned to maintain its growth trajectory and deliver value to its shareholders.