Meta shares jump more than 16% on solid earnings, stock buyback, and dividend plan

Meta shares jump more than 16% on solid earnings, stock buyback, and dividend plan

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Shares of Meta Platforms (META) rocketed higher at the start of trading Friday, climbing more than 16% after the company posted better than expected earnings and guidance, and announced new shareholder return initiatives. For the fourth quarter, Meta reported adjusted earnings per share (EPS) of…

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