Meta Platforms Stock Rose 25% in September. Is It Still a Buy in October?
The social media giant is unlikely to repeat last month's gains this month.
Overview
Meta Platforms (NASDAQ: META). was one of Wall Street's best-performing stocks in September. It rose 25% during the month, turning around what had up to that point been a down year for the stock.
The major catalyst in the quarter was the launch of Meta Muse, an AI agent built for everyday use for the masses. This completely shifted the AI narrative around Meta's stock, causing the market to shift from bearish to bullish.
Details
But with the calendar flipping to October, will the market still love the stock?
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.