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2 Reasons Meta Stock Broke Its Winning Streak: Should You Still Invest?

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Meta Platforms, formerly known as Facebook, has been a volatile stock over the years, and it still sports a beta of 1.20, according to Yahoo Finance. This means that on average, the stock is 20%
The article from MSN discusses two primary reasons behind the recent halt in Meta Platforms Inc.'s (formerly known as Facebook) stock winning streak. Firstly, despite a robust earnings report, Meta's stock experienced a dip due to broader market concerns about inflation and potential economic slowdown, which often lead investors to pull back from tech stocks. Secondly, there's an ongoing issue with regulatory scrutiny and privacy concerns which continue to cast a shadow over the company's future profitability and operations. Despite these setbacks, the article suggests that Meta could still be a good investment due to its strong fundamentals, including significant user growth, advancements in AI, and the potential of its metaverse ambitions. The piece advises investors to consider these factors alongside the risks, suggesting that while the immediate future might be volatile, Meta's long-term prospects remain promising.

Read the Full GOBankingRates Article at:
[ https://www.msn.com/en-us/money/savingandinvesting/2-reasons-meta-stock-broke-its-winning-streak-should-you-still-invest/ar-AA1AaVnY ]