Ginny_Dandy Loc: Pacific Northwest

https://dcenquirer.com/after-losing-over-70-billion-facebook-instagram-stocks-soar-after-trump-reinstatement-announced/

Facebook and Instagram parent company Meta’s shares skyrocketed a whopping 23% on Thursday alone, one of their greatest stock days in a decade. This comes after the company announced their decision to reinstate 45th President Donald Trump “in the coming weeks” after being banned from their platforms for two years.

On January 25, Meta President of Global Affairs, Nick Clegg, announced Trump’s reinstatement. Immediately after the news broke of Trump’s return, their shares began rapidly growing.

This comes after a financially rough two-years for Facebook after they suspended Trump from their platforms on January 7, 2021 over the protest at the capital.On January 25, Meta President of Global Affairs, Nick Clegg, announced Trump’s reinstatement. Immediately after the news broke of Trump’s return, their shares began rapidly growing.

Trump reacted to Meta’s skyrocketing shares, taking to his very successful social media platform, T***h Social, writing on Friday morning, “Have you seen that Big Tech is up MASSIVELY since they put me back on the platforms.”

“META UP 57%. T***h Social is hot as a pistol —People are pouring into its beautiful web at levels far greater than ever expected. It’s my VOICE,” Trump added.

This comes after a financially rough two-years for Facebook after they suspended Trump from their platforms on January 7, 2021 over the protest at the capital.

There is definitely a Trump phenomenon around social media platforms. It appears as soon as social media platforms ban Trump, their ratings collapse and as soon as he returns, their rating boom.

Far-left social media platform Snapchat permanently banned Trump after the capitol protest and their financial status has been suffering ever since.

CNBC reported on Tuesday that Snap, the parent company of Snapchat, reported its fourth-quarter earnings on Tuesday and once again fell short of analyst expectations.

“It’s the third disappointing earnings report in a row for Snap investors. The day after the company’s Q3 earnings report in October, shares fell 28% on disappointing revenue. The stock lost 39% following its Q2 report in July after it missed on both top and bottom lines,” CNBC reported.

T***h Social’s massive success has been receiving praise from even the far-left New York Times. The New York Times, dubbed the “failing New York Times” by Trump, admitted in an article in November titled “T***h Social’s Influence Grows Despite Its Business Problems” that Trump’s social media platform, T***h Social, has become “vibrant” and has “managed to out-place its rivals.”

What’s even more impressive is that thanks to T***h Social’s massive success, Forbes added Trump back onto their “Forbes 400” list of the 400 richest people in the United States.

According to Forbes, Trump Media and Technology Group is now Trump’s “single most valuable asset.”

Trump owns 80 percent of the company, which is 73 million shares at (then-price) $25 a share, worth over $1.8 billion-dollars.

“But make no mistake, Trump is extremely rich. In fact, the former president climbs back onto The Forbes 400 this year after dropping off 12 months ago, with his estimated net worth jumping from $2.5 billion to $3.2 billion, enough to qualify for No. 343 on the ranking of America’s richest people.” Forbes reported.

pegw

I looked up Facebook (Meta) on NASDAQ and their trading prices have remained steady for some time. DC Enquirer is far right wing with a mixed degree of reliability.

Ginny_Dandy Loc: Pacific Northwest

Peg, your reports have gotten to be a joke. You're trying to tell us...

Gatsby

pegw, you are really funny, in the head.

https://www.macrotrends.net/stocks/charts/META/meta-platforms/stock-price-history

Ginny_Dandy Loc: Pacific Northwest

😂 😂 😂 😂 😂

I agree with your statement.

BIRDMAN

Ginny_Dandy Loc: Pacific Northwest

Birdman,

That's true of liberals, too. I would like to see Maxine Waters with a mask that cannot be removed.

BIRDMAN

She already has a mask from the planet of the apes on

TommyRadd Loc: Midwest USA

Peg,

I’ve told you before you need to do your own research.

Look what I found just by doing a little digging…

First, from the past…
~~~~~~~~~~~~~~~~~~~~~~~~
Social media stocks tumble following Trump ban

https://finance.yahoo.com/video/social-media-stocks-tumble-following-151356269.html

January 11, 2021

On Monday, social media stocks were under pressure after banning President Donald Trump’s accounts following last week’s siege on Capitol Hill. Twitter said the platform was permanently banning the outgoing President, while Facebook said it was indefinitely banning Trump. Yahoo Finance’s Alexis Keenan breaks down the latest.
~~~~~~~~~~~~~~~~~~~~

Now from the present…..
~~~~~~~~~~~~~~~~~~~~
https://www.cnbc.com/2023/02/02/meta-stock-rockets-20percent-on-solid-earnings-analyst-reactions.html

Meta shares rocket 23%, one of the best days in over a decade
PUBLISHED THU, FEB 2 2023
“shares jumped over 23% on Thursday, one of the stocks best day in nearly a decade, with a slew of analyst upgrades coming off the back of a fourth-quarter revenue beat and optimistic prognostications from CEO Mark Zuckerberg.
“Meta shares sit at their highest point since September 2022, which was weeks before a disastrous third-quarter earnings report that prompted analysts across Wall Street to openly question Zuckerberg’s leadership. There was a markedly changed tone in analyst notes Wednesday night and Thursday morning, however, with the company beating topline estimates with $32.17 billion in revenue.”
~~~~~~~~~~~~~~~~~~~~~~~

Not only that, but I looked up META on NASDAQ, and, did it confirm what you said that it didn’t change much?
Well, I guess that depends on what you think “remaining steady for some time” looks like. For most of us that means a fairly flat line. But apparently for you that means something akin to a crosscut view of a tidal wave…

https://www.nasdaq.com/market-activity/stocks/meta

TommyRadd Loc: Midwest USA

Peg,

Now whose ratings are “pants-on-fire” Peg? Oh, that would be you.

How does it feel knowing that the people you claim as “fact-checkers” are actually bought and paid for by one of the most dangerous men in America?
Did you see this post?

https://www.onepoliticalplaza.com/t-269978-1.html#4411977

Or is your confirmation bias and cognitive dissonance getting in the way of you being able to process such information that totally blows your claims away?

I’m telling you this for your own good, Peg. You are talking to people who know how to think for themselves and acting like you’re all superior, when in fact you are the one who is being bamboozled and deceived because you fall for their [MSM, & politician’s) lies. You’re only making yourself look bad.

Wake up, dear!

Gatsby

I reckon that pegw must love getting her ass kicked, she begs for it so often.

Ginny_Dandy Loc: Pacific Northwest

👍 By jingles I believe you're right. 😂 😂 😂 😂

Ginny_Dandy Loc: Pacific Northwest

[quote=TommyRadd]Peg,

Now whose ratings are “pants-on-fire” Peg? Oh, that would be you.

How does it feel knowing that the people you claim as “fact-checkers” are actually bought and paid for by one of the most dangerous men in America?
Did you see this post?

https://www.onepoliticalplaza.com/t-269978-1.html#4411977

Or is your confirmation bias and cognitive dissonance getting in the way of you being able to process such information that totally blows your claims away?

I’m telling you this for your own good, Peg. You are talking to people who know how to think for themselves and acting like you’re all superior, when in fact you are the one who is being bamboozled and deceived because you fall for their [MSM, & politician’s) lies. You’re only making yourself look bad.

Wake up, dear![/quote]

👏 👏 👏 👏 👏

Ginny_Dandy Loc: Pacific Northwest

True, unfortunately.