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February 2023

Facebook Just Made This “Shareholder Friendly Move – But Does That Make it a Buy?

TradeSmith Research Team

Here’s something you don’t see often: A company’s share price jumps more than 20% in a single day – after reporting a drop in sales and profits. But that’s just what happened with Meta Platforms (META) – the social-media artist formerly known as Facebook. Let’s look at what Meta did, understand why the move was so bullish, and see how we can spot these events as they’re happening.

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January 2023