Why Meta Platforms Stock Is Sinking Today
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Meta Platforms (META) stock is down 4.3% amid significant sell-offs, influenced by trade-war fears and content-moderation policy news. The broader market is also declining, with the S&P 500 and Nasdaq Composite down 1.2% and 1.7%, respectively. Despite better-than-expected inflation data, concerns over new tariffs are prompting investors to sell. Additionally, Meta's implementation of an open-source algorithm and a lawsuit against former employee Sarah Wynn-Williams over her critical memoir are contributing to the stock's decline. Year-to-date, Meta's stock is still up 1%.
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