Meta Platforms set to snap nine-session winning streak

Meta Platforms (META.OQ) is set to snap a nine-session winning streak as shares trade about 2.4% lower at $671.75 in afternoon trading, after rallying nearly 20% over the prior nine sessions. The pullback interrupts a sharp short-term advance and could mark profit-taking or a minor consolidation for the stock and broader tech peers. Meta remains a large market-cap name ($1.75T) with forward P/E ~22.9 and ~22% year-over-year revenue growth, so the move appears more like a pause after an outsized run than a fundamentals-driven selloff. Market impact is likely limited to short-term volatility in Meta and related large-cap tech names rather than a broad market shift unless selling broadens into the sector.