Here's why Meta stock is crashing, according to analysts
The stock price of Meta Platforms (NASDAQ: META) has recorded several sessions of negative trading, partly deviating from other technology giants.By the close of markets on July 12, META stock had lost the $500 support, trading at $498, reflecting a 24-hour loss of over 2%. On the weekly timeframe, the stock is down over 8%, raising questions about whether the equity can make a turnaround.META one-week stock price chart. Source: GoogleAlthough the stock has been impacted by a general sell-off in mega-cap te ...