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Re:Meta to Layoff 10k Employees by bumby on Tuesday March 14, 2023 @11:02AM (#35152612)
Tech is still valued as growth stocks compared to other sectors. If you look at the EPS, its trending down and growth is negative.[1] That's not "doing great" for what most investors expect out of a relatively mature tech stock that doesn’t pay a dividend. In other words, why would I pay growth-stock valuation for something that isn't growing its earnings?

(obviously, the analysis is more complicated than this, but you can see why investors may not think things are going gang-busters over at Meta)

[1] https://www.macrotrends.net/stocks/charts/META/meta-platform...

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