Meta Platforms continues losses for seven straight sessions
Complete. Here is the key summaryMeta Platforms shares fell for a seventh consecutive session, closing at $595.19, down 1.80%. Despite this recent decline of nearly 8.8% over six days and an 8.6% drop year-to-date, the stock has gained 6.7% over the past month. Wall Street analysts remain overwhelmingly bullish, with 56 out of 63 rating it Buy or Strong Buy. Seeking Alpha analysts also rate it a Buy, citing AI expansion and cloud hosting opportunities, though its Quant Rating is Hold due to valuation concerns.
Meta Platforms (META) shares extended their decline for a seventh straight session, as the stock closed 1.80% lower at $595.19 on Friday. The social media giant had lost about 8.8% over the preceding six sessions. The stock closed 3.36% lower on Thursday at $606.10. However, META has gained nearly 6.7% over the past month. Wall Street and Seeking A...