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Meta's stock is up over 40% this year.
by dannyr 4y ago
Meta's stock is up over 40% this year.
- epgui 4y agoMind fleshing out how you think that relates to this article? One is left guessing at what you mean.
- onion2k 4y agoStock prices reflect a prediction about future profitability or company value, not how nice the company is. The stock going up shows that people who invest in Meta think layoffs will increase profits. That's all.
- berkle4455 4y agoSo are Tesla, Nvidia, Uber, Shopify, Cloudflare, Spotify, Roku, Zillow, and Coinbase to name a few. It’s almost like nearly all tech stocks have bounced.
- nostrademons 4y agoBecause investors are expecting the Fed to cut rates this year, which benefits growth stocks much more than value stocks, since future cash flows are discounted by less. If the expected rate cuts don't materialize, this group of stocks is likely to crash hard again.
- newaccount2021 4y ago[dead]