Blue Chip Stocks, Social Stocks Triangle Technology Blue Chip Stocks, Social Stocks Triangle Technology

Is Facebook a good stock to buy now?

Shares of Facebook parent Meta plunged Thursday after the company forecasted weaker-than-expected revenue growth in the next quarter. Meta (FB) stock fell almost 23% in after-hours trading Wednesday and was almost 20% in the red in Thursday’s premarket. Other social media stocks were down following Facebook’s plunge. Why did Facebook stock drop today? Is it a good time to buy Meta stock now?

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