Meta Explodes 18% Higher On Solid Beat, Massive $40 Billion Buyback Boost

What was a terrible day for bears just got even worse when social networking giant Facebook Meta crushed naysayers with a solid beat in Q4 revenue and DAUs, and while EPS was a modest miss, the nail on the coffin was the company’s announcement of a $40 billion stock buyback. Here are the details from […] Source