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Meta shares plummet on weak fourth-quarter forecast and earnings miss

Meta shares continued their 2022 freefall, plunging 19% in extended trading on Wednesday after Facebook’s parent issued a weak forecast for the fourth quarter and came up well short of Wall Street’s expectations for earnings. Earnings per share (EPS): $1.64 vs $1.89 expected, according to Refinitiv Revenue: $27.71 billion vs. […]

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