Stocks in the technology and consumer goods sectors experienced significant movement during midday trading on Friday. Meta, Apple, Intel, Amazon, and Clorox were among the companies that saw notable changes in their stock prices.
Meta, formerly known as Facebook, saw its shares drop by 26% after reporting a decline in daily active users. Apple’s stock, on the other hand, rose by 5% following the announcement of a new product launch. Intel and Amazon also experienced fluctuations in their stock prices, with Intel reporting a 10% increase and Amazon seeing a 15% decrease.
In the consumer goods sector, Clorox witnessed a 8% decrease in its stock value due to lower-than-expected quarterly earnings. These movements in the stock market reflect the ongoing shifts and developments within the technology and consumer goods industries.
