META Cuts Price Target Of Its Quest 2 & Quest Pro Headsets
Schwab Network
English - March 06, 2023 18:10 - 3 minutes - 37.2 MB - ★★★★★ - 23 ratingsNews Commentary News Business News business news news commentary news Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Economic Data Is Surprising To The Upside
Next Episode: ZECP: Focus On Quality To Outperform The Markets
Meta Platforms (META) is cutting their price target of its Quest 2 and Quest Pro Headsets. Jenny Horne discusses this as META is cutting the Meta Quest 2 headset to $429 from $499 and the Meta Quest Pro headset to $999 from $1,499. She also notes that META lost $13.7B on Reality Labs in 2022. Tune in to find out more about the stock market today.