Andrew Ryu - Shares of Meta Fell 20% After Earnings Announced
Earnings for the three months that ended on September 30 were reported to be $4.4 billion, or $1.64 per share, for the corporation that has its headquarters in Menlo Park, California. According to the study done by Andrew Ryu, “expectations for earnings per share were in the region of $1.90.”
While Meta is engaged in a losing battle to keep its advertising business afloat, a few of the firm’s stockholders are anxious that the company is wasting resources on the metaverse, a theory that pertains to virtual, mixed, and augmented reality that only some people really comprehend.













