Investing

Add as a preferred source on Google

Meta Shares Drop 7.02% a Day After Third-Quarter Results

An intraday observation put the stock at $651.61. Meta reported 26% revenue growth and projected $135 billion to $145 billion in 2026 capital expenditures.

Updated 1 min read
Pedestrians walk along the Meta headquarters campus in Menlo Park, California, on Thursday. / TokenPost.ai
Pedestrians walk along the Meta headquarters campus in Menlo Park, California, on Thursday. / TokenPost.ai

Meta shares fell in Thursday trading one day after its Oct. 21 third-quarter report, which included revenue growth and a 2026 capital spending plan reaching $145 billion.

An intraday observation put the shares at $651.61 after a 7.02% drop.

EconoTimes previously covered Meta's earnings and spending outlook. The company's fourth-quarter revenue forecast is $73 billion to $76 billion.

Related articles

View all