Facebook Stock Alert: Is the Earnings Rally Going to Last?

Published by
The Street

By Bret Kenwell Meta stock is jumping on earnings, but it’s not out of the woods just yet. Watch this level. Shares of Meta (MVRS) – Get Meta Report (FB) – Get Meta Platforms Inc. Class A Report are ripping higher on the day, up about 14% so far in Thursday’s session. The rally comes after better-than-expected earnings. For now, it’s helping give the market a boost ahead of earnings reports from Apple (AAPL) – Get Apple Inc. Report and Amazon (AMZN) – Get Amazon.com, Inc. Report, which are due up after the bell tonight. As for Meta, it was a mixed quarter but it was not as bad as feared. Earni…

Read More