Shares of Metaverse Platforms (NASDAQ: META) AKA Facebook have been a disaster this year. They have lagged the performance of the S&P 500 all year, but even recently, last week, they lagged on the most recent four day rally and then dumped harder than just about everything else inside the S&P 500 this Tuesday.
Yes, we are in a bear market for the stock market, so it isn’t shocking that a stock like META would fall this year, but it’s got problems bigger than that. There are reasons why the stock is doing so bad and I talk about them in this video. I also show how to see warnings that bad things are coming for a stock on its own stock chart before it really drops.
Every single day I put out a news digest with my commentary before the opening bell.
Get it for free by going here.
-Mike