Meta Platforms Stock Declines Amid Broader Tech Sector Pressure

Meta Platforms (META) is experiencing a decline, trading at $707.86 (-1.21%), as the stock tracks retreating NASDAQ indices following a recent 10.4% surge fueled by exceptional Q4 results.

• The recent rally was triggered by Q4 earnings reporting $59.89 billion in revenue and an EPS of $8.88, both beating estimates and accompanied by upbeat AI guidance.
• Today's decline lacks META-specific catalysts and is primarily driven by broader tech rotation toward defensives amid market uncertainty.
• Analysts remain bullish on the stock, maintaining an average price target of $857.78.