Meta Platforms' share price fell approximately 3.5%, while trading volume was about 1.5 times normal. The market is watching the full-year outlook for the third quarter and developments in the fourth-quarter outlook.
Meta Platforms' share price fell approximately 3.54% from the previous day to $568.97, with trading volume reaching approximately 17.2 million shares, about 1.5 times normal. The article reports the market's reaction without asserting a specific cause.
The forward curve is still said to assume expansion, suggesting that growth expectations have not completely collapsed despite the share-price decline.
Third-quarter consensus is said to be approximately $63.3 billion in revenue, $20.5 billion in EBIT and around $6.75 in EPS. These figures are presented as the market's outlook.
The fourth-quarter discussion ends partway through, and the text contains no additional outlook or confirmed figures. The article is structured as awaiting further updates.