Similarly to its FAANG peers, Meta Platforms (NASDAQ:FB) stock has reversed some of its gains amid the recent selling in the market. The FB stock price chart shows a 17% decline from its 52-week high of $384.33, while it is down about 6% this year.  A confluence of factors hurting advertising spending, including Apple’s (NASDAQ:AAPL) iOS14 changes and deceleration in e-commerce growth, limits the upside in FB stock.  During the Q3 conference call, Meta Platforms’ COO Sheryl Sandberg stated that the company’s Q3 financials took a hit from iOS14 changes.
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Meta Platforms (NASDAQ:FB)
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