METAMeta Platforms, Inc.
609.63
-1.16%
SUPPORT:600585
RESISTANCE:617630
Past
What happened
Meta slipped 1.2% to $609.63 as broader tech rotation favored hardware/semis over software/advertising names. Still 23% off its high.
Why
Why it matters
Meta's $3.3B EU fine and ongoing Reality Labs losses are headwinds. The market is rewarding AI infrastructure plays over AI application plays this cycle.
Watch
What to watch
$600 is the psychological floor. Trump's landmark social media regulation could create additional regulatory overhang if it advances.
HEADLINES
- Meta got $3.3 billion EU fine over data practicesYahoo Finance