Bargain hunters are no longer pouncing on skids in the shares of Facebook parent Meta Platforms Inc. the way they once did.
The social media giant posted its worst week since June 2020 as investors fled riskier assets following a hawkish tilt by the Federal Reserve. Meta’s decline of 7.9% over the five sessions far outpaced those of megacap technology peers, but it wasn’t met with the surge of buying from retail investors that’s helped lift the stock out of previous selloffs.
"crowd" - Google News
December 04, 2021 at 08:45PM
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Facebook's Stock Is On Sale, But the Retail Crowd Isn't Buying - Bloomberg
"crowd" - Google News
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