Meta's Stock Value Continues to Rise

Meta Platforms Stock Prices Rise

Meta Platforms shares gained value early Monday morning, marking its seventh consecutive positive trading day. Analysts predict that, according to FactSet data, Meta will make $49.5 billion in sales for the quarter ending in September. This represents a 22% growth compared to the same period last year.

On the other hand, prior to the second and first quarter results of 2023, analysts had forecasted sales growth of 14% and 13%, respectively.