Closing Bell cover image

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

Closing Bell

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SaaS Stocks

This is one of these companies where they really didn't do anything wrong. They were just a victim of share prices in general for SaaS stocks going too high. The only question is when will investors sustainably want to come back to the theme of software as a service and pay what is still, believe it or not, an elevated multiple.

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