Скачать или смотреть Meta facebook stock price analysis 13 dec 2022

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Meta is the new name for Facebook. Its CEO is Mark Zuckerberg. As of 13th December 2022 its price per share is around $120. I repeat, the current price is around $120.

It is down 68% from it's high of $378 that it hit in September 2021. It's current price is what it used to be back in July of 2016 - more than 6 years ago!!

It's P/E ratio is only about 11, which can be considered quite good.

The main problem investors have with it right now is that the core business as an advertising platform may not be growing very fast, and the billions of dollars that Zuckerberg is investing in his Metaverse vision. In order to cut costs, Meta cut about 10% of its workforce in November 2022.