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Meta's Surprising Stock Dive After Beating Earnings Expectations Could Signal A Hidden Opportunity For Investors As It Eyes A Historic High
On April 25th, despite surpassing Q1 earnings expectations, Meta's stock plunged 14%.
Following the initial decline, Meta's stock has rebounded by more than 8%.
On April 25th, Meta Platforms Inc's (NASDAQ: META) stock fluctuation caught investors off guard, plunging 14% at the open despite surpassing Q1 earnings expectations with $4.71 per share, over the predicted $4.32.
Conventionally, positive earnings are thought to spell good news a stock price, but for Meta, it actually went down. The stock did manage to stabilize, finding its footing slightly above the key $400 round number, ...