METAC Stock Price and Chart — BCBA:METAC

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Meta Platforms (META) reported Q1 ad revenue of $41.4 billion in April, surpassing estimates due to improvements in AI-driven digital advertising and better audience targeting.

Meta Platforms is under investigation by the French Competition Authority for allegedly abusing its market power in online advertising, limiting access to ad verification partnerships.

Meta Platforms (META) stock rose 195% in five years, now at $720.98. In six months, it gained 17.1%, outperforming the S&P 500 by 10.2%. EBITDA margin is 59.9%.

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About Meta Platforms

Meta Platforms, Inc. engages in the development of social media applications. It builds technology that helps people connect and share, find communities, and grow businesses. It operates through the Family of Apps (FoA) and Reality Labs (RL) segments. The FoA segment consists of Facebook, Instagram, Messenger, WhatsApp, and other services. The RL segment includes augmented, mixed and virtual reality related consumer hardware, software, and content. The company was founded by Mark Elliot Zuckerberg, Dustin Moskovitz, Chris R. Hughes, Andrew McCollum, and Eduardo P. Saverin on February 4, 2004, and is headquartered in Menlo Park, CA.

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