Meta in after hours trading is trading at $104 per share (lowest since 2015)


I am assuming everyone is aware of how bad Meta missed on earnings. If you live in a cave and are unaware of what is going on here you go: https://www.cnbc.com/2022/10/26/facebook-parent-meta-earnings-q3-2022.html

Tbh I think Meta is going to crater more downward over the next few quarters. Is this a stock in your opinion to avoid like the plague? I think most institutions would say Meta should be downgraded, but wow 2015 levels? https://finviz.com/quote.ashx?t=META&p=d

Is this a stock to forget about or is it to be treated like Amazon between 1999 and 2001 (Amazon went from $4.33 in 1999 to below $0.40 in 2001). If you believe in the Metaverse, which I do, then you should be loading up on Meta stock tomorrow in my opinion.


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