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Meta Beat Expectations in the Last Quarter. Its Stock is Plunging Anyway.

Meta
International Business Times Fews App News Provider
Fews App Post Time 17h ago

Revenue reached $64. 60 billion for the quarter ended September 30, up 26% from a year earlier. FABRICE COFFRINI/AFP via Getty Images Meta Platforms reported stronger-than-expected third-quarter revenue Wednesday and announced plans for a new class of nonvoting shares, as the Facebook and Instagram parent seeks additional financial flexibility for its artificial intelligence expansion.

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