Why Meta Stock Is Down Big Today

Key Points Meta's Q3 revenue and adjusted earnings both beat expectations, but expenses and capital expenditures grew faster than sales. Management raised its 2025 capital-expenditure outlook and warned that 2026 spending will grow at an even faster rate. 10 stocks we like better than Meta Platforms › Meta Platforms (NASDAQ: META) stock dropped as much as 12.1% on Thursday after the company reported strong third-quarter revenue but paired it with a forecast for significant growth in spending and cap ...