Meta shares trade below 100-DMA after sharp plunge on US court verdicts: Time to buy, sell or hold this tech stock?
Shares of Meta are poised for a flat-to-negative start on Friday, March 27, after a massive decline in the last trading session. Meta’s stock plunged almost 8% in overnight trade, which pulled it below a key moving average, and opened the possibility of a further downside.
CEO Mark Zuckerberg-led Meta Platform’s stock closed Thursday’s session 7.92$ down at $547.75 after US courts this week found social media platforms liable for building services that facilitated addiction among children.
