There was a 3% drop recently because the news reported that $Meta Platforms, Inc.(META)$ was heading to court over their legal issues. Since then, the same story has been front and center across financial media, and the stock is reacting to it. I expect the same thing to get reprinted again going forward.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
