Wed. Jun 18th, 2025

Meta on the Brink of a Major Breakout: Stock of the Day

Meta Platforms Inc. (FB) is showing signs of a major breakout, according to traders on Benzinga’s PreMarket Prep show. The stock has been trading above its 50-day moving average for the past week and has seen increased volume. Traders are bullish on Meta’s earnings report, which is expected to be released on October 27. The company’s revenue is projected to grow by 14.3% year over year.

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