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What's Going On With Meta Platforms Stock?

The metaverse-pioneering company is displeasing investors with its massive spending ambitions amid slowing revenue growth.

By Parkev Tatevosian, CFA – Nov 10, 2022 at 9:00AM EST

Meta Platforms' (META +0.83%) challenges continued in Q3 as advertisers pulled back spending and expenses rose. CEO Mark Zuckerberg elaborated on the company's troubles in the conference call, and this video will highlight the critical statements.

*Stock prices used were the afternoon prices of Nov. 7, 2022. The video was published on Nov. 9, 2022.

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About the Author

Parkev Tatevosian, CFA
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
TMFParkev
X@TMFParkev

Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Parkev Tatevosian has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Meta Platforms, Inc. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

Meta Platforms Stock Quote
Meta Platforms
NASDAQ: META
$676.87
(+0.79%)+$5.29

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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