🔴 Meta is trading 5% down today amid a broad technology selloff

Meta is trading at $597.26, down 4.94%, amid a sharply weaker market and pressure on technology shares.

• The Nasdaq is down 3.89% and the S&P 500 is down 2.46%.
• Reports cite investor concerns about tighter AI and data-center regulation after the midterm results, alongside pressure on technology and semiconductor shares.
• Qualcomm’s weak handset outlook added to semiconductor-sector concerns, but available reporting does not establish a Meta-specific catalyst for this intraday decline.