Meta Shares Drop 9% in Worst Week Since 2021: One Trader Is Buying
Meta just posted its worst weekly drop in four years. Trader Mike Khouw sees an entry point worth taking.
Meta's stock just got shellacked — down 9% in a single week, the ugliest stretch for shares since 2021. That kind of drawdown shakes out weak hands. But for trader Mike Khouw, it's exactly the moment to lean in, not run.
Khouw is stepping up to buy Meta right now. When a stock with Meta's earnings power and dominant ad business takes a hit like this, contrarian traders start circling. The thesis isn't complicated: short-term pain, long-term game. Meta isn't a broken company — it's a repriced one.
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The broader context matters here. Markets have been volatile, sentiment is fragile, and any whiff of macro pressure sends high-multiple tech names lower fast. Meta has been caught in that crossfire. But its fundamentals — massive user base, AI-driven ad targeting, and a leaner cost structure after years of belt-tightening — haven't evaporated with the share price.
For retail traders watching this, the question isn't whether Meta's perfect. It's whether the selloff is overdone relative to what the business actually earns. A 9% weekly drop without a structural break in the business is the kind of setup that gets experienced traders off the sideline. Khouw's move signals exactly that conviction.
If you're sizing a position, risk management still applies — this is a catch-a-falling-knife moment, and those require discipline. But the entry point is getting interesting. Continue reading at US Top News and Analysis.
