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Zuckerberg focused on AI, metaverse  on April 19, 2023


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Rowan Street - Meta Platforms: Still Has Meaningful Upside Despite Doubling

technology

META stock hit the lows of $88 per share in November of 2022, as the stock dropped a staggering 75% from its highs, while revenues only declined by 1% in 2022, gross margins dropped 4% and EPS declined 38% (please see the figures we included below). At the time we published a note: "Does a $750 billion decline in Meta's market cap make sense?"

seekingalpha.com     Apr 19, 2023