
I don't’ understand why $Meta Platforms(META.US) is down 7%.
They effectively guided Dec revenue up by 3%. The actual mid point was $57.5B vs Street at $57.25. More importantly, the high end of the guide was $59B, which is likely where the revenue will come in for December, that’s where the 3% guide up comes from.That means growth in December will be around 22% compared to 26%. That's the same top line growth in June.Source: Gene Munster
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