Shares of Meta Platforms (NASDAQ: FB) have tumbled in recent months. Since hitting a 52-week high of $384.33 in September, the tech stock has tumbled more than 19%.
Meta shares seem to be cooling off after a market-beating 2020 and further strong gains this summer. Also likely weighing on the stock is the company's increased scrutiny in the media and from the government, and recent changes to iOS that have negatively impacted Facebook's advertising measurement and tracking.
But despite the tech stock's bearish trend and some negative headlines about the company in the media, the Facebook parent's underlying business is firing on all cylinders. With the business doing well but the stock dipping, is this a good buying opportunity for investors? Or should investors wait for shares to fall further before they consider buying Meta stock?
Source Fool.com