Why Meta Platforms stock is tumbling today
Why Meta Platforms stock is tumbling today
$Meta Platforms(FB.US)$ shares are trading lower Tuesday in sympathy with $Snap Inc(SNAP.US)$ after the company issued guidance below the low end of its previously-issued forecast.
$Meta平臺(FB.US)$週二,股價下跌,以表示對$Snap(SNAP.US)$此前該公司發佈的指引低於此前發佈的預測的低端。
During its most recent earnings report, Snap guided for second-quarter revenue growth of 20% to 25% year-over-year. The company said it expected adjusted EBITDA to be between breakeven and $50 million.
在最新的收益報告中,Snap預計第二季度營收同比增長20%至25%。該公司表示,預計調整後的EBITDA將在盈虧平衡至5000萬美元之間。
"The macroeconomic environment has deteriorated further and faster than anticipated," Snap said Monday in a Form 8-K filing. As a result, the company now expects to report second-quarter revenue and adjusted EBITDA "below the low end" of its guidance range.
Snap週一在一份Form 8-K文件中表示,宏觀經濟環境惡化的程度和速度比預期的要快。因此,該公司現在預計將公佈第二季度收入和調整後的EBITDA,低於其指導區間的低端。
Meta operates social media platforms Facebook and Instagram. The company builds technologies that help people connect, find communities and grow businesses.
Meta運營着社交媒體平臺Facebook和Instagram。該公司開發的技術可以幫助人們建立聯繫、找到社區並發展業務。
The stock was down 9.59% at $177.42 at press time.
截至發稿時,該股下跌9.59%,至177.42美元。