Why Meta Platforms Stock Dove Today
Shares of Meta Platforms (NASDAQ: META) took a fall today as multiple news items highlighted challenges the company is facing and seemed to remind investors of the company's reputational risk.
The most important of those issues today was a new threat from the EU that could restrict targeted ads on the continent. Additionally, the company is facing a new threat from Congress, and it was even chastised by its own oversight board.
Ths stock closed down 6.8% on the news.
Source Fool.com
