Meta Platforms Inc Stock (META) Moved Down by 3.29% on Mar 13: What Investors Need To Know

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2026.03.13 16:19
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Meta Platforms Inc (META) stock fell by 3.29% on March 13, driven by concerns over its AI development and regulatory pressures. The delay of its AI model "Avocado" to at least May 2026, following underperformance in tests, has raised investor apprehension. Additionally, Meta faces increased scrutiny in Europe and a proposed class-action lawsuit regarding privacy issues with its AI smart glasses. Insider stock sales by executives have further contributed to negative sentiment, despite some analysts maintaining a "Moderate Buy" consensus on the stock.