PRIMECAP Management's position in Meta Platforms is currently worth $440 Million. That's 0.34% of their equity portfolio (60th largest holding). The first Meta Platforms trade was made in Q1 2018. Since then PRIMECAP Management bought shares fourteen more times and sold shares on seven occasions. The stake costed the investor $166 Million, netting the investor a gain of 165% so far.
Gene Munster, Deepwater Asset Management, joins 'Fast Money' to discuss Meta's earnings, his takeaways and outlook for the stock.
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As Chinese artificial intelligence company DeepSeek continues to challenge American chip manufacturer NVIDIA for chip dominance, investors are looking to Chi...