Why Meta Platforms Stock Lagged the Market Today
Meta Platforms (NASDAQ: FB) had a forgettable Thursday, with its stock trading down slightly against the 0.4% rise of the S&P 500 index. Not for the first time, the social media giant's digital currency plans were met with a big collective shrug from investors.
The Financial Times reported that a specialist unit of Meta Platforms has devised plans for digital coins and loan services. These would presumably be offered to the company's massive user base.
Image source: Getty Images.
Source Fool.com
