META stock has dropped 30% in 6 days, here's the best places to buy

Meta stock has shed over 30% since February 2, 2022; that is in 6 consecutive days.

The current free fall is mainly attributed to the declining users and their disappointing Q4 2021 report.

To help stock investors interested in investing in Facebook stock, Invezz has created a brief article on what it is and where to buy it.

To find out more, please continue reading.

Best places to buy the Meta stock (FB)

What is Meta stock (FB)?

Meta stock (FB) is the stock of Meta Platforms, Inc., formerly known as Facebook, and it trades on the US on the NASDAQ Stock Exchange under the symbol NASDAQ: FB.

Meta Platforms, Inc., is a technology company based in Menlo Park, California, US. Though it has its headquarters in the US, it is a multinational technology conglomerate that operates several popular social media platforms used by billions of people around the world.

Meta is the parent company of WhatsApp, Facebook, and Instagram, among others.

Should I buy the stock today?

If you want to invest in a stock that has seen a considerable price drop, then Meta stock (FB) could be a good choice.

However, there are concerns after the companies disappointing Q4 2021 report and declining daily users which analysts fear could result in a further decline with no bottom in sight.

Stock price prediction

Following the sharp decline in the price of Meta platform stock, analysts anticipate the stock to drop further to around $220 in the coming days before trying to correct the dip.

$FB stock social media coverage