Meta spikes 6% post-earnings, then falls pre-market as filings point to massive 2027 capex and equity raise
firstadopter · x · 2026-10-22
Meta jumped over 6% after earnings but traded down 2.8% pre-market at $678.35. A finance account cites litigation filings in which management orally conveyed that three long-term forecast cases presented to the board in May each showed the company needing to raise 'hundreds of billions' of dollars — suggesting a massive 2027 capex bill and an upcoming equity raise, as investors weigh AI spending against returns.
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