M1TA34 Stock Price and Chart — BMFBOVESPA:M1TA34

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Meta Platforms reported quarterly sales and net income above expectations, with 22% revenue growth from its advertising business. Shares rose by 11% after the announcement.

Meta Platforms reported earnings that exceeded Wall Street forecasts during a week of significant earnings announcements from major tech companies.

Meta Platforms (META) reported positive earnings, which contributed to an inflow of $767.4 million into the ARK Innovation ETF (ARKK) on Thursday, despite a decline in the S&P 500.

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About Meta Platforms

Meta Platforms, Inc. engages in the development of social media applications. It builds technology that helps people connect and share, find communities, and grow businesses. It operates through the Family of Apps (FoA) and Reality Labs (RL) segments. The FoA segment consists of Facebook, Instagram, Messenger, WhatsApp, and other services. The RL segment includes augmented, mixed and virtual reality related consumer hardware, software, and content. The company was founded by Mark Elliot Zuckerberg, Dustin Moskovitz, Chris R. Hughes, Andrew McCollum, and Eduardo P. Saverin on February 4, 2004, and is headquartered in Menlo Park, CA.

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