Meta is trading at $556.93 (3.3% up) as shares stabilize following a sharp post-earnings selloff on July 30.
- The company reported $60.8 billion in revenue on July 29, but the stock initially fell due to weaker EPS, a soft Q3 outlook, and higher AI capital expenditures.
- The current move appears to be a stabilization bounce supported by a broader tech recovery and investor rotation back into megacap growth names.