Shares of Meta Platforms (FB) lost more than a quarter of their value after the release of their latest earnings. Meta's fourth quarter earnings report came in well below expectations. Adding fuel to the fire was the company’s first quarter outlook which, unfortunately, was also below the expectations of the analysts.
In today's video, we cover the reasons into Meta's drastic drop and if the current share price is a screaming buy, or If you should take a step back and wait by the sidelines.
