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Closing Bell Overtime: Meta Drops on Q3 Results 10/26/22

Closing Bell

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The CFO's Letter to Meta - Is That a Good Thing?

The stock is down more than 60 and now 70% year to date. We think inflationary concerns in terms of peak inflation may already be behind us. If that's the case, try and continue those macro headwinds will start to dissipate. But investing in something that doesn't appear to have a lot of ROI, at least not immediately, is a losing proposition.

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