Jim Cramer Says “Meta’s Lost Its Way”

Meta Platforms, Inc. (NASDAQ:META) is one of the stocks Jim Cramer shared his take on. Cramer discussed the market sentiment toward the stock, as he stated: Let’s explain what’s going on with the weakness so you understand what’s happening with these iconic stocks that everyone used to talk about all the time. It should be obvious right now that the Magnificent 7 and their buddies are bereft of friends in this market. Take Meta. People were paying 30 times earnings, high, okay. for the stock as recently a ...