Meta — The social media stock dropped 22.8% after Meta reported an earnings miss and a weaker-than-expected fourth-quarter forecast.
Meta reported earnings of $1.64 per share on revenue of $27.71 billion.
Caterpillar — Shares popped 5.1% after Caterpillar reported earnings that beat on the top and bottom lines.
Caterpillar was expected to earn $3.16 per share on revenue of $14.33 billion, according to consensus estimates from Refinitiv.
The defense company reported revenue of $8.97 billion, compared to forecasts of 9.13 billion, according to consensus estimates compiled by Refinitiv.