PRIMECAP Management's position in Meta Platforms is currently worth $671 Million. That's 0.49% of their equity portfolio (51st largest holding). The first Meta Platforms trade was made in Q1 2018. Since then PRIMECAP Management bought shares fifteen more times and sold shares on seven occasions. The stake costed the investor $244 Million, netting the investor a gain of 175% so far.
I first bought Meta shares in 2018 during the Cambridge Analytica sell-off and have seen a 270% appreciation since. One of the company's main competitive adv...
Gene Munster, Deepwater Asset Management, joins 'Fast Money' to discuss Meta's earnings, his takeaways and outlook for the stock.
Norges Bank Investment Trust (NBIM), the world's largest sovereign wealth fund, was among the biggest bulls on Meta stock, increasing its stake in Meta (NASD...
Apollo Global Management is in talks to lead a roughly $35 billion financing package for Meta Platforms to help develop data centers in the U.S., Bloomberg N...