At the same time, the company recorded the lowest quarterly revenue growth in the last 10 years, amounting to $27.91 billion.
The shares of the American Meta Corporation rose by 13%, despite the fact that it recorded the lowest quarterly revenue growth in the last 10 years, amounting to 7% ($ 27.91 billion). This was reported by Reuters.
According to him, a sharp increase in the value of Meta securities occurred against the background of the publication of the company’s quarterly report on active users, which exceeded the preliminary estimates of analysts and according to which 1.96 billion people use the corporation’s platforms daily. According to the agency, this indicator is key for advertisers.
According to the indicators of the New York Stock Exchange, at the close of trading on April 27, Meta shares rose by 13%.