Meta Facebook – 6 Quick Notes 3-8-23

In this episode Scott Becker discusses:

1. “Meta Plans Thousands More layoffs as Doon as This Week” – Bloomberg.
2. “Meta’s Rally Doesn’t Need a Hand from TikTok Ban” – Bloomberg.
3. Meta is up 53% YTD after being a down a ton last year.
4. It is trading at a PE ratio of 20.32.
5. It has a market cap of $478 billion.
6. It is the 8th largest US firm by market cap.

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