Meta shares fell 16.52% between the Oct. 12 and Oct. 27 closes, taking $165.24 off a hypothetical $1,000 holding during a period that included the company’s third-quarter report.
At Meta’s Oct. 12 close of $742.96, $1,000 would buy about 1.34597 shares. At the Oct. 27 close of $620.19, those shares would be worth $834.76. This comparison uses the closing prices on both dates, assumes fractional shares and leaves trading fees and taxes out.
On the date used for the comparison, “Mad Money” host Jim Cramer posted on X that he viewed Meta as a “monster long.” The calculation starts with the Oct. 12 closing price, not the stock price when Cramer posted.
Meta’s steepest session loss in the period came Oct. 22, when the shares closed at $648.85, down 6.98% from the previous close of $697.52. The move came in the first trading session after Meta released its third-quarter results following the Oct. 21 market close. That timing alone does not show whether the earnings release drove the decline. EconoTimes previously covered Meta’s intraday drop in the session after its results.
Meta’s third-quarter revenue reached $64.60 billion, 26% above the year-earlier level. Diluted earnings per share came to $3.83 after a $9.89 billion legal charge; Meta said the figure would have been $7.40 without it. Its 2026 capital expenditure outlook is $135 billion to $145 billion. Meta lifted the low end from $130 billion and left the top end at $145 billion.
