Key Highlights
- Social media giant Meta Platforms, Inc.
- (NASDAQ:META)’s shares are flat over the past year.
- Most of the stock’s troubles have come since October, after the firm’s fiscal third-quarter earnings report.
- While Meta Platforms, Inc.
- (NASDAQ:META) beat analyst revenue and EPS estimates, it also decided to raise 2025 capital expenditure guidance to $70 billion to $72 billion from an earlier $66 billion to $72 billion.