Is Meta $META on sale?

Community

· May 22

Is Meta $META on sale? 😄

Admittedly a minor drop, but it comes after an interesting report. Meta has been fined a record $1.3 billion by the European Union for sending user data to the US. The fine comes after regulators said Meta failed to protect personal information from US security services.

A community member's personal view, not investment advice. Community Guidelines

Bill Combs @billcombs May 22

I'd like to buy the Meta already, but unfortunately it's still not at that price. And this information hasn't moved the stock price much either.

Moe Whitehead @investormoe May 22

I've stopped liking Meta since it's been pumping money into Metaverse and there are no results really. After the huge increase since the beginning of the year, I would expect some cooling off now.

Jason Bellier @neostonks May 23

So if you've ever been tempted by Meta, you know that it's not worth the whole Metaverse thing, and they simply have the money to "burn" it, so they're trying to break elsewhere. But I don't share Metaverse's vision either.

Randolf Babcock @randolfbab May 22

Let's see how we shop today.

Rickie Reeve @rickiereeve May 22

Really not much of a drop, I would have expected a bit more.

Jason Bellier @neostonks May 22

So far around one percent, pretty weak for a billion dollars 😅

⌘ K

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