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Facebook (now known as Meta) reported a second straight quarterly revenue decline, with its stock plummeting an astonishing 22 percent in morning trading after already losing two-thirds of its value this year so far.
Sean Peche of Ranmore Funds says he sees neither pricing or power in the latest figures Meta.
Facebook (now known as Meta) reported a second straight quarterly revenue decline, with its stock plummeting an astonishing 22 percent in morning trading after already losing two-thirds of its value this year so far.
Meta is staring at a second straight quarter of declining revenue as investors await commentary on the trajectory of the online ad market.
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