Meta Shares Post Worst Week in Four Years, One Analyst Buys
Meta stock dropped roughly 9% this week, its steepest weekly decline in four years. Analyst Mike Khouw sees the selloff as a buying opportunity.
Meta Platforms shares fell 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 decline rattled investors who had grown accustomed to the social media giant's extended run of outperformance in recent years.
Despite the sharp selloff, options analyst Mike Khouw indicated he is using the pullback as an entry point, viewing the weakness as a potential opportunity rather than a signal of deeper fundamental trouble at the company. Khouw's stance reflects a contrarian posture that some traders adopt when a high-profile stock experiences an outsized short-term drop disconnected from its longer-term earnings trajectory.
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Meta has been one of the standout performers among large-cap technology stocks over the past several years, driven by advertising revenue growth, cost-cutting measures under its "year of efficiency" initiative, and expanding investment in artificial intelligence infrastructure. A decline of this magnitude in a single week inevitably draws attention to whether the move represents a temporary dislocation or the start of a broader correction.
Market observers will be watching closely in the sessions ahead to determine whether institutional buyers step in to support the stock or whether selling pressure continues. Khouw's willingness to buy into weakness suggests at least some professional market participants believe the risk-reward balance has shifted favorably after the pullback.
Continue reading at US Top News and Analysis.
