Meta, the Former Facebook Is Looking to Trim Costs by at Least Ten % in the Coming Months

The former facebook is looking to trim costs by at least ten % in the coming months. The stock did hit a new 52 week low earlier to day. Serat, you and brynn both own it, so i'll lean on both of you here. What's you read of this news as it is causing the stock to rise? Ok, i think face bcame out with these huge expectations of growth in terms of how much 're going to spend, e billions of dollars into the meadow. And i think this is a good thingis raining in costs as really important as we go into potential advertising slow down as well.