Meta Stock Up 8%. Why Zuckerberg's Innovation Drought May Sink $META
Mark Zuckerberg (L) and Chris Hughes (R) creaters "Facebook" photographed at Eliot House at Harvard University, Cambridge, MA. on May 14, 2004. Facebook was created in February 2004, 3 months prior to this photograph. (Photo by Rick Friedman/Corbis via Getty Images)Corbis via Getty ImagesMeta Platforms stock is up 8% this year – lagging Nasdaq’s 22% rise.This follows a disappointing third quarter earnings report that set Meta apart from its peers – Amazon, Google and Microsoft – in the derby to spend billio ...