Meta stock price jumps over 7% in after-hours amid positive Q4 earnings report

The stock price of Meta saw over 7% rise in the market after-hours on Wednesday as the company released its Quarter 4 earnings report. The company reported an EPS of $8.88 on revenue of $59.9 billion in Q4 – significantly higher than market projections.

Meta Platforms closed on Monday at $668.73 per share – a 0.63% fall from the day’s opening price. By 4:45 p.m. ET, the stock price was up by over 10%, reaching $736.50.

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