Peter Smith
⬤ Meta Platforms just hit a rough milestone—the stock's now trading in the red for 2025 after giving back every bit of ground it gained earlier this year. META dropped to $589.20 during morning trading, down $10.49 and sitting at a 1.75% loss year-to-date. It's a striking turnaround for a stock that looked strong coming out of the gate in January. The decline picked up steam in recent sessions, pushing Meta firmly into negative territory and raising eyebrows across Wall Street.
⬤ The year-to-date chart tells the whole story. Meta climbed above $700 early in the year before hitting a wall in spring. From there, it's been mostly downhill, with another brutal leg down heading into November. The stock has now fallen below where it started in January, completely unwinding what looked like a solid rally. This isn't happening in a vacuum either—big tech names across the board have been feeling the heat as macro worries pile up and questions swirl around digital advertising growth. Meta's been caught right in the middle of that shifting sentiment.
⬤ Despite a few attempts to bounce back over the summer, Meta hasn't been able to hold onto any real momentum. The stock made another run near late August and early September but quickly lost steam. By late October and early November, it was falling hard again, and it's now trading well below its mid-year peaks. There's no clear sign that the bleeding will stop anytime soon. Investors are starting to take a harder look at Meta's valuation and whether the company can keep delivering consistent growth—especially with its advertising business under pressure and Reality Labs still burning through cash.
⬤ This matters because Meta isn't just any tech stock—it's a major player that often sets the tone for the entire sector. When a heavyweight like META goes negative for the year, it makes everyone nervous. Traders and investors are already reassessing whether this environment can support the kind of valuations we've seen in big tech. Meta's struggles could easily spill over into broader market volatility, particularly given how much influence it has on major indices and overall sentiment toward large-cap growth stocks. If Meta can't find its footing soon, it might drag others down with it.
Peter Smith
