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3 Reasons I'm Avoiding Meta Platforms Stock For Now

3 Reasons I'm Avoiding Meta Platforms Stock For Now

All major indexes and many blue chip stocks saw their stock prices plummet this year, but few companies have been hit as hard as Facebook parent Meta Platforms (NASDAQ: META). As of Nov. 28, Meta was down more than 67% year to date, and there's little reason to believe that things won't get worse before they get noticeably better. Here are three reasons why I wouldn't touch Meta's stock with a 10-foot pole right now.