Meta Reports Facebook Daily Active Users 2.06B, Up 5%
Portfolio Pulse from Benzinga Newsdesk
Meta Platforms Inc. reported that Facebook's daily active users have increased by 5% to 2.06 billion.
July 26, 2023 | 8:06 pm
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Meta Platforms Inc. reported a 5% increase in Facebook's daily active users, which now stand at 2.06 billion. This could potentially boost Meta's stock in the short term.
An increase in daily active users is a positive indicator of user engagement and potential ad revenue growth for Facebook, which could positively impact Meta's stock price in the short term.
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