The Meta Platforms (ex Facebook) share ran out of steam in NASDAQ trading. At 4:28 a.m. the stock lost 1.7 percent to USD 519.14. This makes the share one of the loss-makers in the S&P 500, which is currently at 5,632 points. At its lowest point, the Meta Platforms (ex Facebook) share lost as much as USD 518.00. At the opening of the stock market, the share was trending at USD 527.68. So far today, 485,733 Meta Platforms (ex Facebook) shares have been traded.
The share reached its 52-week high on August 23, 2024 at USD 544.20. With an increase of 4.83 percent, the 52-week high would be reached again from the current price level. At USD 276.08, the stock fell to a 52-week low on August 26, 2023. With the current price, the Meta Platforms (ex Facebook) share is trading 88.04 percent above the 52-week low.
The dividend forecast for the current year is USD 1.86. Last year, Meta Platforms (ex Facebook) shareholders received USD 0.000 per security. Meta Platforms (ex Facebook) published the figures for the quarter ended June 30, 2024 at its quarterly financial conference on July 31, 2024. Earnings per share were USD 5.31, compared to USD 3.03 in the previous year. Sales were estimated at USD 39.07 billion, compared to the same quarter last year, in which USD 32.00 billion were sold.
Meta Platforms (ex Facebook) is expected to release its Q3 2024 financial results on October 23, 2024.
Experts expect Meta Platforms (ex Facebook) to post earnings of $21.26 per share in 2024.
Editorial staff finanzen.ch
