Meta Shares Fell 16.52%, Leaving a Hypothetical $1,000 Stake at $834.76

A hypothetical $1,000 investment in Meta Platforms (META) at its Oct. 12 closing price would have been worth $834.76 at the Oct. 27 close, a $165.24 loss over 15 calendar days. The comparison uses closing prices and excludes fees and taxes.

Meta closed at $742.96 on Oct. 12, the day Mad Money host Jim Cramer called the stock a “monster long” in an X post. Its Oct. 27 close was $620.19, down 16.52% from the earlier close. Dividing $1,000 by $742.96 gives about 1.34597 shares; multiplying that position by $620.19 produces the $834.76 ending value. The calculation assumes fractional shares.

Cramer wrote, “Meta continues– I think it is a monster long but i know othrs are coming …” The hypothetical purchase is pegged to Meta’s Oct. 12 close; it does not use a price tied to the post’s publication time.

Meta reported third-quarter revenue of $64.60 billion, up 26% from a year earlier. Diluted earnings per share were $3.83, including a $9.89 billion legal charge. Meta said diluted EPS would have been $7.40 without the charge.

The company forecast 2026 capital expenditures of $135 billion to $145 billion, raising the lower end from its previous range of $130 billion to $145 billion. Meta released its quarterly results after the market closed Oct. 21.

The steepest one-day decline in the comparison period came Oct. 22, when Meta shares fell 6.98%, from $697.52 to $648.85. That was the first trading session after the earnings release. The timing alone does not establish that the report caused the decline, or that Cramer’s post drove the shares’ performance.