META) stock

2022 - 9 - 14

Post cover — Image courtesy of "MarketWatch"

Meta stock crashes to lowest level since March 2020 as Facebook ... (MarketWatch)

Meta Platforms Inc. led a sharp turn lower in social-media stocks Tuesday after the consumer-price index unexpectedly moved higher during August, with...

[TSLA,](/investing/stock/TSLA?mod=MW_story_quote)Chief Executive Elon Musk. [SPX, +0.34%](/investing/index/SPX?mod=MW_story_quote)Tuesday, behind only agricultural company Corteva Inc. [V, -0.13%](/investing/stock/V?mod=MW_story_quote)chief financial officer [said at a Monday conference](https://www.marketwatch.com/story/consumer-spending-has-been-remarkably-stable-visa-cfo-says-11663032972?mod=search_headline&mod=article_inline). [PINS,](/investing/stock/PINS?mod=MW_story_quote), down 4.3%. +0.69% [GOOG,](/investing/stock/GOOG?mod=MW_story_quote) +0.53% [GOOGL,](/investing/stock/GOOGL?mod=MW_story_quote), which runs the YouTube platform and the Google suite of services, slipped 5.9%. [SNAP, -2.12%](/investing/stock/SNAP?mod=MW_story_quote), off 7%, and Pinterest Inc. [MA,](/investing/stock/MA?mod=MW_story_quote)released spending data showing 11.7% year-over-year growth in August retail sales exclusive of autos. Meta’s [META,](/investing/stock/META?mod=MW_story_quote)stock closed Tuesday at $153.13, its lowest level since March 23, 2020, according to Dow Jones Market Data. Twitter must still take the matter to court, but investors seem to feel incrementally positive as Twitter shares rose 0.8% in Tuesday’s tough market action. [COMP, +0.74%](/investing/index/COMP?mod=MW_story_quote)fell 633 points, or 5.2%. Musk is seeking to terminate his $44 billion deal for the company and a judge will rule on the situation in October, but Twitter scored a win in its favor Tuesday as it +3.59% [said that shareholders had voted to approve the acquisition](https://www.marketwatch.com/story/twitter-shareholders-approve-musks-bid-to-buy-company-2022-09-13?mod=search_headline&mod=article_inline). Shares of the Facebook parent company fell 9.4% Tuesday, their worst day since Feb.

What Is Going on With META Stock Today? (Investorplace.com)

Meta Platforms (META) stock is on the move Wednesday after the social media company was hit with a $22 million fine in South Korea.

On the date of publication, William White did not hold (either directly or indirectly) any positions in the securities mentioned in this article. Google says it disagrees with the PIPC’s decision. As such, we do not agree with the commission’s decision, and will be open to all options including seeking a ruling from the court.” It claims this fine comes from the company’s lack of clarity for how it collects data on users. It also claims Meta doesn’t get proper consent before tracking this data. Chief among these complaints is behavioral data tracked by Meta Platforms.

Meta Platforms Stock News and Forecast: META collapses on ... (FXStreet)

Meta Platforms (META) stock fell sharply on Tuesday as the market digested the US CPI print. A higher than expected number led to a sharp sell-off in.

Gold is bleeding as the US dollar resurges from the lows of the day. It is not often you see a sell-off of such magnitude on the back of one economic data point. The author makes no representations as to the accuracy, completeness, or suitability of this information. Stocks were modestly higher in Wall Street, and US yields relatively steady, with prices correcting a small portion of Tuesday’s moves and after the worst day since 2020 for equity markets. The author will not be held responsible for information that is found at the end of links posted on this page. The author has not received compensation for writing this article, other than from FXStreet. The higher the growth rate of a stock, then the bigger effect a change in interest rates has on its performance. Adding to tech pressure and especially for the aforementioned companies is the strength of the US dollar. It also does not guarantee that this information is of a timely nature. This affects revenues and leads to the hilarious lines we see in corporate earnings reports – "in constant currency". A higher than expected number led to a sharp sell-off in equities with all the main indices closing sharply lower. Meta Platforms (META) stock fell sharply on Tuesday as the market digested the US CPI print.

Meta Platforms Stock Near 3-Year Low -- Here Are Some New ... (Motley Fool)

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Chart Of The Day: Zuckerberg Leads META Stock Toward $125 ... (Investing.com Canada)

Shares Analysis by Pinchas Cohen/Investing.com covering: USD/CAD, Nasdaq 100, S&P 500, Dow Jones Industrial Average. Read Pinchas Cohen/Investing.com's ...

[expected](https://finance.yahoo.com/video/august-cpi-report-another-soft-160436900.html) that the CPI was "going to be another soft one." [S&P 500](/indices/us-spx-500) sectors, we can see the same pattern. I am sharing my interpretation of the technical analysis. Author Note: I am not in the business of fortune telling. While CNBC's Jim Cramer believes that Zuckerberg has proven himself with creating a multi-billion [dollar](/currencies/usd-cad) business and will therefore likely succeed again. [core inflation](/economic-calendar/core-cpi-736) rate is the Fed's preferred measure, as it discounts volatile food and energy prices. Meta completed an H&S continuation pattern, which developed after the price violated its uptrend line since 2013. [META](/equities/facebook-inc)) shares like they were infected with COVID yesterday. [Communications Services](/etfs/communication-services-select-spdr) and [Technology](/etfs/spdr-select-sector---technology) suffered the most, losing 5.5% and 5.3%, respectively. [blames](https://www.cnbc.com/2022/09/12/harvard-expert-mark-zuckerberg-is-continuing-to-derail-facebook.html) Mark Zucherber's leadership shortcomings for the social network's underperformance. That measure [jumped](/economic-calendar/core-cpi-56) 0.6%, twice the pace of the prior month's increase as well as the current month's consensus, pushing up the annual core rate to 6.3% from 5.9% [consumer-price index](/economic-calendar/cpi-733) revealed that inflation spread beyond sensitive sectors, latching on to the broader economy.

Meta Platforms (NASDAQ:META) Is under Peer Pressure (TipRanks)

Social media and internet giant Meta Platforms (NASDAQ:META) is in troubled waters for various reasons. One prominent factor is competition.

However, the negative impact on Meta’s revenues due to Apple’s privacy changes is expected to ease in the quarters ahead. [NASDAQ:AAPL](/stocks/aapl/stock-analysis)) new privacy guidelines, regulatory concerns, and weak ad spending, Meta stock has lost about 50% of its value this year alone. Overall, Meta stock has a Neutral Smart Score of seven out of 10 on TipRanks, implying that its performance could be in line with market expectations. Besides TikTok, Alphabet’s ( [NASDAQ:GOOGL](/stocks/googl/stock-analysis)) ( [NASDAQ:GOOG](/stocks/goog/stock-analysis)) YouTube Shorts is also emerging as a formidable competitor. Further, it witnessed strong Reels (short-form video) growth across Facebook and Instagram in the last reported quarter. [NASDAQ:META](/stocks/meta/stock-analysis)) is in troubled waters for various reasons.