Meta Shares Post Worst Week in Four Years, One Analyst Buys
Meta stock fell roughly 9% this week, its steepest weekly drop in four years. Trader Mike Khouw sees the selloff as a buying opportunity.
Meta Platforms shares declined approximately 9% over the course of the week, marking the company's worst weekly performance in four years, according to reporting from CNBC's US Top News and Analysis. The sharp retreat has drawn attention from traders watching the social media giant's valuation reset in real time.
Amid the broad selling pressure, options trader Mike Khouw publicly disclosed he is moving into the stock, framing the pullback as an entry point rather than a warning sign. Khouw's decision to buy into weakness reflects a contrarian stance that some market participants adopt when fundamentally strong companies experience outsized short-term declines.
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The selloff places Meta in the spotlight at a moment when mega-cap technology stocks broadly have faced pressure from shifting investor sentiment, concerns over artificial intelligence spending commitments, and a more cautious macro outlook. Meta has been among the heaviest spenders on AI infrastructure, a strategy that has both excited long-term bulls and unsettled investors focused on near-term margin impact.
Whether the decline represents a temporary dislocation or the beginning of a more sustained correction remains an open question across Wall Street. Contrarian buyers like Khouw are betting on the former, wagering that Meta's advertising revenue engine and user growth trajectory justify a re-entry at current prices.
Continue reading at US Top News and Analysis.
