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Meta stock surges after earnings as ‘year of efficiency’ pays off

by Editor July 28, 2023, 5:12 am 1.4k Views

Meta stock surges after earnings as 'year of efficiency' pays off

Facebook CEO Mark Zuckerberg at the F8 Facebook Developers Conference in San Jose, California, April 30, 2019.

Justin Sullivan | Getty Images

Meta shares surged 4% Thursday after the company posted stronger-than-expected results for the second quarter and gave guidance for the current period that topped analysts’ estimates. Earlier in the day, the stock traded at its highest since January 2022.

The company on Wednesday reported earnings per…

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