Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Meta Platforms Inc. shares surged 4.5% on Thursday, making it the world's seventh most valuable public company, a rally Gene Munster admits he missed after predicting the stock would be "flat to down" following Meta Connect event. Munster 'Missed' the Bigger Picture "Last night, I predicted $META would be flat to down today following Meta Connect." Munster said in a post on X. The Deepwater Asset Management managing partner said what he missed was the significance of CEO Mark Zuckerberg's comment that Muse would become "the centerpiece of Meta." Don't Miss: A single bad hire can set a startup back years.
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