@Mrzorro:Meta Is Down Nearly 20% Since August. Here's What Its Chart Says "Magnificent Seven" stock $Meta Platforms, Inc.(META)$ has fallen nearly 20% since hitting an all-time high in August, and has also trailed the $S&P 500(.SPX)$ in various timeframes from three months to one year. Let's see what its chart and fundamental analysis can show us. Meta's Fundamental Analysis Meta has been struggling of late, with some on Wall Street wondering if the company – which owns Facebook and Instagram – got ahead of itself as far as capex spending on artificial intelligence is concerned. For instance, word emerged last week META is pa