Meta stock sank to a new 20-month low on Feb. 18, as Facebook's parent is still looking for a bottom two weeks after offering a muted revenue outlook for 2022 as corporate challenges multiply. While that will mean more challenges for delivering effective mobile ads, Meta has time to figure out how to live with it, instead of living through a trial by fire as it's doing with Apple's privacy shift. Meanwhile, Meta stock has suddenly become a topic of fierce debate: Bulls say Wall Street dramatically overreacted to a modest-to-moderate shift in Q2 revenue guidance. Read More...
Meta stock sank to a new 20-month low on Feb. 18, as Facebook’s parent is still looking for a bottom two weeks after offering a muted revenue outlook for 2022 as corporate challenges multiply. While that will mean more challenges for delivering effective mobile ads, Meta has time to figure out how to live with it, instead of living through a trial by fire as it’s doing with Apple’s privacy shift. Meanwhile, Meta stock has suddenly become a topic of fierce debate: Bulls say Wall Street dramatically overreacted to a modest-to-moderate shift in Q2 revenue guidance.
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