Previous close | 52.70 |
Open | 64.90 |
Bid | 60.70 |
Ask | 61.95 |
Strike | 150.00 |
Expiry date | 2024-06-21 |
Day's range | 61.51 - 65.10 |
Contract range | N/A |
Volume | |
Open interest | 1.55k |
A labour court in Kenya ruled on Monday that Meta, the parent company of Facebook, can be sued in the East African country after a former content moderator filed a lawsuit against it alleging poor working conditions. The lawsuit was filed by one person on behalf of a group and was also filed against Meta's local outsourcing company Sama. It seeks financial compensation, an order that outsourced moderators have the same healthcare and pay scale as Meta employees, that unionisation rights be protected and an independent human rights audit of the office.
Shares of Meta Platforms (NASDAQ: META) jumped 23.8% in January, according to data provided by S&P Global Market Intelligence. The social media company has been in the limelight since joining a slew of big tech companies in announcing widespread layoffs amounting to 13% of its workforce back in November. There were several reasons for investors to feel more optimistic last month.
Image-browsing platform Pinterest (NYSE: PINS) has two main ways to grow its revenue: attract more users and make more money per user. The U.S. ad market is the most important part of Pinterest's business right now. Global monthly active users for Pinterest peaked back in the first quarter of 2021 at 478 million.