Why Meta Platforms Stock Dropped Today
Meta Platforms (NASDAQ: FB) stock trailed the market in early trading on Tuesday, with shares falling 3% by 11 a.m. ET, compared with a 1.4% slump in the S&P 500. The decline added to significant losses for shareholders so far in 2022, as the social media giant's stock is down nearly 50% since the start of the year.
Concerns are rising about what the company might have to say about its growth and earnings prospects in an upcoming quarterly update.
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Source Fool.com
