Meta also faces significant competition from the likes of Apple (messaging), YouTube (advertising and video), Bytedance (social media) and Tencent (messaging and social media). Metas stock dropped by over 26 and registered the largest single-day value wipeout in US.

Meta, thanks to its huge user base gained a significant market share in the advertising space wherein it faces tough competition from Google, Twitter, Amazon and Snapchat-parent Snap. By pivoting to Meta instead of fixing Facebooks core business, Zuckerberg flunked Business 101. Marketers buy ads that can appear on multiple platforms including Meta, Instagram, Messenger and third-party applications and websites. FB stock has risen by 120 since the end of 2018 compared. Meta uses metrics like daily active users (DAUs) and monthly active users (MAUs) to measure Facebook's user base. At the current price of around 288 per share, we believe Facebook’s stock (NASDAQ: FB) has about 25 growth potential in the near term. Along with in-house developed Messenger, these apps now form Meta's family of products used by billions of people on a monthly basis. Meta Platforms Inc Share 311.71 After Hours: 313.80 (0.67) +2.09 Closed: Jul 27, 7:32:11 PM GMT-4 USD NASDAQ Disclaimer search Compare to Microsoft Corp 330.72 MSFT2.09 Apple Inc. The company's portfolio offering evolved from a single Facebook app to multiple apps like photo and video sharing app Instagram and WhatsApp messaging app owing to acquisitions.

traded at 322.95 this Friday July 28th, increasing 11.24 or 3.61 percent since the previous trading session. Meta Platforms is the world's largest social media platform. 104.15 Q3 Forecast 286.40 Rating Sell Meta Platforms, Inc.

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