If you are wondering whether Meta Platforms stock still offers value at current levels, the key question is how its market price compares with what the underlying business could be worth.
The shares last closed at US$706.41, with returns of 5.1% over the past 7 days, 8.6% over the past month and year to date, and 1.6% over the past year. These recent price moves may be changing how investors see its upside and risk.
Recent headlines have focused on Meta Platforms ongoing investment in artificial intelligence tools across Facebook, Instagram and WhatsApp, as well as its continued focus on Reality Labs and the metaverse concept. These themes are often cited by investors and commentators when they discuss why the stock price has moved and…
