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Meta's stock rises after strong Q2 earnings, despite major investors trimming holdings.
Bulltick Wealth Management and Callan Family Office both reduced their holdings in Meta Platforms, while Resona Asset Management increased its stake.
Meta's stock price opened at $785.23, and the company reported Q2 earnings of $7.14 per share, exceeding estimates.
The company's market cap is $1.97 trillion, with insiders selling significant shares recently.
Meta focuses on social networking and developing virtual reality technologies.
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Las acciones de Meta aumentan después de las fuertes ganancias del segundo trimestre, a pesar de que los principales inversores recortan las tenencias.