TELETRADER News
2/1, 10:11 PM
(Source: TeleTrader)
Meta Platform...+3.70%
Meta shares surge 15% after better-than-expected results
Shares of Meta Platforms soared over 15% in after-hours trading on Wednesday after the tech giant posted better-than-expected results for the fourth quarter of 2022.
The company topped estimates on the top line as it reported revenue of $32.2 billion and announced it will increase its share buyback authorization by $40 billion.
Meta rallied 15.06% to $176.04 per share at 4:13 pm ET.