Meta Stock Price Drops to $504.73 on April 4, Slides Further in Pre-Market Trade
Key Highlights:
Meta Platforms Inc. (NASDAQ: META) closed at $504.73 on April 4, shedding $26.89 or 5.06% in a single day. Adding fuel to the fire, the stock is down another 4.40% in pre-market trading on April 7, now sitting around $482.51.
The sudden dip comes amid a broader tech market selloff triggered by investor anxiety over tightening monetary policies, declining ad revenue expectations, and high valuation corrections across major tech firms.
Meta (Facebook) Stock Snapshot – April 4
| Metric | Value |
|---|---|
| Open | $506.62 |
| High | $518.00 |
| Low | $494.20 |
| Close | $504.73 |
| Previous Close | $531.62 |
| Change | -$26.89 |
| % Change | -5.06% |
| 52-Week High | $740.89 |
| 52-Week Low | $414.50 |
| P/E Ratio | 20.92 |
| Dividend Yield | 0.42% |
| Market Cap | $1.28T |
Meta’s Pre-Market Tumble on April 7
The pre-market price for April 7 stands at $482.51, a $22.22 decline from the April 4 close. This 4.4% pre-market fall continues the negative sentiment as institutional investors brace for more tech weakness.
At this pace, Meta could breach the critical $480 level and test near-term support zones around $470.
Why Is Meta Falling?
- Ad revenue slowdown: Core income from Instagram, Facebook, and Reels is projected to decelerate.
- AI cost pressure: Heavy investments into LLaMA and generative AI are weighing on profit margins.
- Tech sector correction: Meta is part of the broader market recalibration, with peers like Alphabet, Apple, and Nvidia also plunging.
Meta vs Tech Giants – April 4 vs April 7
| Company | Apr 4 Close | Apr 7 Pre-Market | % Combined Drop |
|---|---|---|---|
| Meta | $504.73 | $482.51 | -9.20% |
| Alphabet | $147.74 | $141.07 | -7.57% |
| Apple | $188.38 | $180.60 | -11.10% |
| Microsoft | $359.84 | $343.70 | -7.89% |
| Nvidia | $94.31 | $89.15 | -12.38% |
Meta is among the top five tech losers over this 2-day window, showing investor sentiment is rapidly cooling across the sector.
Analyst Take
“Meta’s sharp correction is a mix of overvaluation, aggressive AI investments, and fragile ad spend projections.”
— Laura Kim, Tech Sector Analyst, AltWave Global
“If Meta breaches $480 at open, we may see institutional selling accelerate. It’s a fragile moment.”
— Bryan Davis, Senior Equity Trader, Torch Capital
Technical View
- Trend: Short-term bearish, long-term neutral
- Support Levels: $480, $470, $455
- Resistance: $520, $531
- RSI: Dipping into oversold territory
What Investors Should Watch
- Earnings Preview: Q1 earnings next month could restore confidence—or worsen the outlook.
- Reels Monetization: Any upside surprise in Instagram/WhatsApp engagement can reverse the tide.
- AI Strategy: LLaMA’s roadmap and Meta’s next-gen infrastructure announcements will be key.
The Meta stock price is under severe pressure, falling 5.06% on April 4 and already down 4.4% in April 7 pre-market trading. Whether this correction turns into a long-term trend will depend on revenue stability, ad recovery, and execution on AI expansion.
FAQs
Q1: What is Meta’s latest stock price?
A: Meta closed at $504.73 on April 4 and is trading at $482.51 in the April 7 pre-market.
Q2: Why did Meta stock fall?
A: Due to weak ad revenue outlook, AI investment costs, and tech sector-wide correction.
Q3: What is the 52-week range for Meta?
A: $414.50 to $740.89.
Q4: Is Meta a buy at current levels?
A: Some analysts believe sub-$500 presents a value opportunity for long-term holders.
Q5: What is Meta’s dividend yield?
A: 0.42%, recently introduced to attract income-focused investors.
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