Traders Anticipate Major Movement in Meta Stock Post-Earnings Report

Reported about 10 hours ago

Meta is set to release its quarterly earnings report, with analysts predicting substantial revenue growth thanks to its advertising business. Options pricing indicates that traders expect Meta's stock to move approximately 6% either upward or downward in the days following the announcement, which could push its price to new highs around $796 or lower to about $705. Investors are particularly keen on insights regarding Meta's AI strategies that may impact their confidence in the stock.

Source: YAHOO

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