|Bid||109.70 x 900|
|Ask||109.60 x 800|
|Day's range||108.54 - 110.94|
|52-week range||88.09 - 352.71|
|Beta (5Y monthly)||1.14|
|PE ratio (TTM)||10.63|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Yahoo Finance tech reporter Allie Garfinkle breaks down the declines Meta has seen in its own stock value, its competition with other platforms and app stores, and its forecasted losses expected from its Reality Labs branch.
TikTok has become enormously popular with teens and young adults around the world, but one U.S. senator is sounding the alarm on the security risks that the Chinese-operated app poses to the general public.
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.