Why Meta Platforms Fell in March
Shares of Facebook and Instagram owner Meta Platforms (NASDAQ: META) fell 11.7% in March, according to data from S&P Global Market Intelligence.
Meta came under the same pressure as many technology stocks did last month, amid concerns about high spending on AI infrastructure, the outbreak of war with Iran, and a rise in oil prices.
However, Meta faced an additional headwind toward the end of the month, losing two high-profile court cases that may lead to further penalties or limitations on its core platforms.
Source Fool.com
Meta Platforms Inc. Stock
€532.80
-0.780%
With 13 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
With a target price of 652 € there is a positive potential of 22.37% for Meta Platforms Inc. compared to the current price of 532.8 €.
