Previous close | 13.80 |
Open | 14.80 |
Bid | 14.30 |
Ask | 14.65 |
Strike | 380.00 |
Expiry date | 2025-12-19 |
Day's range | 14.60 - 14.80 |
Contract range | N/A |
Volume | |
Open interest | 600 |
Meta Platforms stock received two upgrades on Monday with analysts from Stifel and Goldman Sachs both raising their price targets on Meta stock. There is also some volatility skew due to earnings later this month with short-term options showing higher implied volatility than long-term options. Here's a setup to use for Meta stock.
Facebook parent company Meta must face lawsuits by U.S. states accusing it of fueling mental health problems among teens by making its Facebook and Instagram platforms addictive, a federal judge in California ruled on Tuesday. Oakland-based U.S. District Judge Yvonne Gonzalez Rogers rejected Meta's bid to toss the claims made by the states in two separate lawsuits filed last year, one including more than 30 states including California and New York and the other brought by Florida. Rogers put some limits on the states' claims, agreeing with Meta that a federal law known as Section 230 regulating online platforms partly shielded the company.
Meta's oversight board expressed serious concern Tuesday over the company's failure to take down a viral graphic video showing two men bleeding after they were apparently beaten up for being allegedly gay. The video was posted in Nigeria, one of more than 30 of Africa’s 54 countries where homosexuality is criminalized by laws that garner broad public support despite constitutional guarantees of freedoms. The report said the damage done by the video, which was viewed more than 3.6 million times between December 2023 and February this year, was “immediate and impossible to undo.”