This year has been very challenging for Meta Platforms' (META) investors. Meta’s second-quarter results added to investors’ woes, as the company reported its first-ever revenue decline since it went public. Furthermore, its Q3 guidance reflects continued pressure and a second consecutive quarter of declining sales. While short-term headwinds may continue to impact Meta, Wall Street remains optimistic about the long-term potential. Meta Platforms Stock is Facing Multiple Headwinds Meta is facing multiple headwinds. Its Q2 revenue declined nearly 1% year-over-year to $28.8 billion. This was due to lower online ad spending amid a tough macro backdrop and currency headwinds.
https://www.tipranks.com/news/article/meta-platforms-stock-should-investors-look-beyond-near-term-pressures?utm_source=advfn.com&utm_medium=referral
Grafico Azioni Meta Platforms (NASDAQ:META)
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Grafico Azioni Meta Platforms (NASDAQ:META)
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Da Ott 2021 a Ott 2022 Clicca qui per i Grafici di Meta Platforms