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Meta Just Priced a Stock Sale at $625 a Share. I'd Consider Buying at the Same Price.

Source: fool.com

Company Fundamentals
Meta Just Priced a Stock Sale at $625 a Share. I'd Consider Buying at the Same Price.

Meta priced 40 million Class A shares at $625 each, raising $25 billion in a common stock offering that was increased in size. A concurrent mandatory convertible preferred stock sale is expected to raise about $12.5 billion, bringing the combined proceeds to approximately $37.5 billion.

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Market Sentiment

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neutral

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-0.10

Ticker Sentiment

META-0.20

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