Meta Platforms Dips 14% in a Month: Buy, Sell or Hold the Stock?

Meta Platforms (META) shares have dropped 13.7% in the past month, underperforming the Zacks Internet Software industry’s fall of 10.5% and the Zacks Computer & Technology sector’s decline of 7.9% over the same time frame. The dip can be attributed to challenging macroeconomic conditions. U.S. President Donald Trump’s decision to levy tariffs on trade partners, including China, Mexico and Canada, has negatively impacted technology stocks’ prospects, including META. Higher tariffs are expected to hurt the di ...