STRONGEST EARNINGS FROM META BUT THE STOCK FALLS ON MARKET MECHANICS, ECONOMY RUNNING HOT
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Market Mechanics
Please click here for a chart of Meta stock (META).
Note the following:
- The Morning Capsule is about the big picture and not an individual stock. The chart of META is being used to illustrate the point.
- Meta, a very important stock for the stock market, reported earnings after the close. The chart shows when earnings were reported.
- The chart shows that the stock ran up on Meta announcing the strongest profits and sales in its history for the last quarter.
October 26, 2023