Meta, EQT, On Holding And More On CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Stephen L. Weiss of Short Hills Capital Partners picked Meta Platforms, Inc. META.

The current crux is over, Weiss says, adding that the Facebook parent company will be back up to the old highs.

Meta plans to challenge recent court decisions that allow several states and hundreds of school districts across the United States to proceed with lawsuits.

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Joseph M. Terranova of Virtus Investment Partners said EQT Corporation EQT is breaking out.

On Oct. 29, EQT reported better-than-expected quarterly earnings. The company reported quarterly earnings of 12 cents per share which beat the analyst consensus estimate of 6 cents per share. The company reported quarterly sales of $1.382 billion which beat the analyst consensus estimate of $1.316 billion.

Shannon Saccocia of NB Private Wealth named iShares U.S. Financials ETF IYF as her final trade.

Brian Belski of BMO picked On Holding AG ONON.

On Nov. 12, On Holding reported better-than-expected third-quarter sales results and raised its FY24 net sales guidance. On Holding reported quarterly earnings of 17 cents per share which missed the analyst consensus estimate of 23 cents per share. The company reported quarterly sales of $734.52 million which beat the analyst consensus estimate of $704.58 million.

Price Action:

• EQT shares gained 3.7% to close at $44.28 on Monday.
• Meta shares gained by 0.1% to settle at $554.40 during Monday's session.
• iShares U.S. Financials ETF gained by 0.4% during Monday's session.
• On Holding shares fell by 0.8% to settle at $51.49.

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