In One Chart: Meta exceeds $500 billion valuation for first time in 9 months

by | Mar 15, 2023 | Stock Market

Meta Platforms Inc.’s latest job cuts are resonating with investors, helping give the company a closing valuation above $500 billion for the first time since June. Shares of Meta META closed up 7.3% in trading Tuesday after the company announced plans to cut 10,000 more workers over several months. In November, Meta announced more than 11,000 layoffs. …

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