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Benzinga
Benzinga
Business
Avi Kapoor

Why Meta Platforms Shares Are Trading Higher By Around 12%; Here Are 20 Stocks Moving Premarket

Meta Platforms Menlo,Park,,Ca,,Usa,-,Apr,30,,2022:,Closeup,Of

Shares of Meta Platforms, Inc. (NASDAQ:META) rose sharply in pre-market trading after the company reported better-than-expected second-quarter financial results and issued third-quarter sales guidance above estimates.

Meta reported second-quarter revenue of $47.52 billion, beating analyst estimates of $44.58 billion, according to Benzinga Pro. The company reported second-quarter earnings of $7.14 per share, beating estimates of $5.79 per share.

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