Meta's Rebound Via Bond Deal

3 months ago

Critty Gupta

"Meta, for example, is having a good day after selling off in yesterday's session. $674 a share. META higher by 1.1%. Now, their earnings were kind of came in a little bit disappointing for and worrying I should say for a lot of investors earlier this week, but then they sold $30 billion of bonds. It was actually the year's biggest offering. Record demand for something like that. So maybe they didn't win over their stock investors, but they certainly did in terms of their bond market investors."

The segment on Meta discusses how despite disappointing earnings earlier in the week, Meta rebounded with a record-setting $30 billion bond sale, easing investor concerns. The commentary underlines the distinction between stock investor sentiment and bond market response.

Related Stocks