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> don't understand why the Meta stock hasn't plummeted even more than it already did. Because they are still making a lot of money
by mandeepj 4y ago
> don't understand why the Meta stock hasn't plummeted even more than it already did.
Because they are still making a lot of money
- webinvest 4y agoBut that money doesn’t get returned to investors. Additionally, investors in Meta don’t have the power to vote for the money to be returned to investors. A stock without an ROI is worth $0. I used to be an investor in FB but I sold out of it all in JAN 2020 at $206/share when I didn’t see the point in it.
- mrep 4y agoThey've returned 91 billion dollars to shareholders since 2017 by buying back shares [0]. [0]: https://markets.businessinsider.com/news/stocks/meta-facebook-zuckerberg-stock-buybacks-share-repurchases-social-media-tech-2022-10 https://markets.businessinsider.com/news/stocks/meta-faceboo...