Meta Stock Plunges After Earnings

Meta stock is still plummeting and down today 21.85% and has caused many reactions, catching people off guard. The big question is, have they hit bottom?

Key factors

  • Competition now for Advertising is a key player here.
  • They are competing for people‚Äôs time as restrictions are being lifted.
  • The trends are changing with other platforms Example, YouTube.
  • They are distracted in spending money and not on the prize.

It does not help bring investor confidence when a high-valued stock drops 22% and influences the broader markets.