From Stock Story:

Meta Platforms (NASDAQ:META) saw its shares jump 21.9% after reporting strong fourth-quarter results, with revenue, operating income, and EPS all beating estimates. This was driven by better-than-expected daily active users and a 21% increase in ad impressions. The company also announced its first ever quarterly dividend. Looking ahead, Q1 2024 revenue guidance topped expectations, but full-year 2024 capital expenditures came in slightly higher.

The market’s response to the news shows that this was a significant event for Meta. The stock is up 38.7% since the beginning of the year, indicating strong investor interest.



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