Meta Platforms (META) Stock Rises 3% as Bond Sale Targets Up to $25B

TLDR Meta is seeking $20 billion to $25 billion in a bond sale, with pricing expected Tuesday afternoon. Reuters reported a five-part, $15 billion U.S. dollar offering. The stock rose 2.7% Tuesday and was up 1.46% after hours. S&P Global Ratings moved Meta’s outlook to AA- negative on Friday. Meta plans to raise $95 billion in total for AI work. Meta Platforms (META) stock rose 2.7% on Tuesday as the company went to the bond market. It was up another 1.46%, or $9.07, in after-hours trading. Meta Platforms, Inc., META The move came after a rough stretch. The stock had dropped in 12 of its previous 14 trading sessions. October also turned out to be its worst month in four years. Tuesday’s bounce arrived with a big funding push attached.

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