Meta Platforms Inc. (META) faced a challenging trading session on Wednesday, as its shares experienced a decline of 1.77% to $299.67. Notably, the decrease in Meta Platforms Inc.’s stock value broke a positive streak that had lasted for two days. Meta Platforms Inc., formerly known as Facebook, is a technology company that focuses on social media and communication services. The decline in Meta Platforms Inc.’s shares can be attributed to the broader decline in the stock market that occurred on Wednesday. The tech sector, in particular, experienced significant downward pressure, which impacted Meta Platforms Inc.’s stock value.
Source: Wall Street Journal September 20, 2023 21:28 UTC