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Meta’s stock heads for longest losing streak in nearly four years

Clyde Edgerton by Clyde Edgerton
April 25, 2023
in Markets
Meta’s stock heads for longest losing streak in nearly four years
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Shares of Meta Platforms Inc. META are off 1.3% in afternoon trading Tuesday and on track to fall for the seventh straight session. That would mark the stock’s longest losing streak since a seven-session stretch that ended May 14, 2019, according to Dow Jones Market Data. The declines come as Meta shares have rocketed 73% so far this year and as the company prepares to report first-quarter earnings after Wednesday’s closing bell. Investors may get a hint of what to expect in the digital-ad market as Google-parent Alphabet Inc. GOOG GOOGL is due to post its own first-quarter results after the close of Tuesday’s trading….

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