Investors are staying on the sidelines in the face of a broad sell-off in tech stocks this year. Shares of Facebook parent Meta are down more than 30% this year amid a worrying macro backdrop and weaker-than-expected earnings.
Igor Golovnev | SOPA images | flare | Getty Images
There’s a “compelling” argument for buying stocks meta platforms (META) currently according to Citigroup. And the club continues to back the tech giant as a solid long-term company at a reasonable valuation.