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Meta’s share price has more than doubled this year. What’s driving the recovery?

What happened? Meta’s share price has gone through a roller coaster ride in the past two years. Its share price declined sharply in 2022 from $331 to $90, driven by slowing growth from its core business of Facebook and Instagram, as well as intense competition from TikTok.  In addition, rising interest rates weighed on sentiment […]

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