Why Meta Platforms Stock Crashed Thursday Morning
The company's proposed new business line could require costly capital outlays.
Overview
Shares of Meta Platforms (NASDAQ: META) traded sharply lower Thursday morning, falling as much as 4%. As of 10:49 a.m. ET, the stock was still down 3.7%.
The catalyst that sent the social media titan lower was a Wall Street analyst's comments on the company's future.
Image source: The Motley Fool.
Details
Source
Originally published at www.fool.com.
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