$META will crush earnings, play $SNAP for overnight gains

Posted: Apr 24, 2024

- The post predicts that Meta (ticker: META) will crush earnings - The poster dislikes implied volatility (IV) and predicts Meta's stock movement will be around 3% after hours - Implication that playing Snap (ticker: SNAP) instead may be a better option due to high IV and potential for stock price movement in response to Meta's earnings - TL/DR: Predictions for Meta and Snap earnings and stock movements.



Summarized top reddit comments: - Meta's earnings are not guaranteed to result in stock gains - Algorithms control the market - Consider the irrationality of the market - Comparing Snapchat and Meta earnings could offer insights - TikTok "ban" may help Snapchat in the short term



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