Meta, formerly known as Facebook, saw its stock price soar by as much as 8% in the after-market following a stellar second-quarter performance report by CEO Mark Zuckerberg. The company's stock has already risen by 37% this year, prompting investors to wonder if it's still a good time to invest in Meta.
One of the key drivers of Meta's success in Q2 was its focus on building top-notch consumer and advertising experiences. Zuckerberg emphasized the importance of leveraging cutting-edge technology to stay ahead of competitors and deliver personalized advertisements to users.