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Metaverse aside, the core business is still solid and promising.
In this video, I will go over the three things smart investors know about Meta Platforms (META -0.69%). The announcement of cost cuts was very well received, but the company has a lot more to do if it wants to win back investors' trust.
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*Stock prices used were the closing prices of Nov. 14, 2022. The video was published on Nov. 15, 2022.
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. Neil Rozenbaum has positions in Meta Platforms, Inc. The Motley Fool has positions in and recommends Meta Platforms, Inc. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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