This Stock Is Down 86%, But 1 Number Suggests a Reversal Might be Near

Interest rates soared throughout 2022 and 2023, leaving businesses feeling uncertain. They couldn't be sure about the impact on consumer spending, so many of them braced for lower revenue by slashing costs -- especially on line items like marketing. That hurt companies reliant on advertising to generate revenue, including Meta Platforms, Google parent Alphabet, and Snap (SNAP -2.00%).Meta and Google have used their scale to great effect and are growing nicely once again after a challenging 18 months between ...