Meta Shares Slide 6% After Disclosing $825 Billion in Future Commitments
Meta said in a filing that future leases and noncancelable contracts totaled roughly $825 billion. Its shares fell more than 6% Thursday morning.
Meta Platforms shares fell more than 6% Thursday morning after the company reported billions of dollars in additional future spending commitments. In a filing Thursday, Meta said future leases and noncancelable contracts it had entered into totaled roughly 825 billion.