<p>Bargain hunters are no longer pouncing on skids in the shares of Facebook parent Meta Platforms Inc. the way they once did. </p>.<p>The social media giant posted its worst week since June 2020 as investors fled riskier assets following a hawkish tilt by the Federal Reserve. Meta’s decline of 7.9% over the five sessions far outpaced those of mega-cap technology peers, but it wasn’t met with the surge of buying from retail investors that are helped lift the stock out of previous selloffs.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/business/technology/facebook-sold-ads-comparing-covid-19-vaccines-to-nazi-germany-holocaust-report-1057144.html">Facebook sold ads comparing Covid-19, vaccines to Nazi Germany, Holocaust: Report</a></strong></p>.<p>Net purchases of Meta by retail buyers barely budged this week, hovering around $40 million, according to data from Vanda Research. Five weeks ago, a similar drop in the stock price prompted a weekly inflow of more than $150 million and triggered a rebound in the shares.</p>.<p>Now, the cheapest of the mega-cap stocks keeps getting cheaper. Meta is less expensive than about 40% of the stocks in the Russell 1000 Value Index, based on price to trailing profits, according to data compiled by Bloomberg. </p>.<p>The stock is trading at 22 times earnings, down from 28 in September when Meta shares were at a record high. Of course, that was before a whistleblower released a trove of internal data that fueled another round of intense scrutiny and more angst about regulatory risks.</p>.<p>Bargain hunters are no longer pouncing on skids in the shares of Facebook parent Meta Platforms Inc. the way they once did. </p>.<p>The social media giant posted its worst week since June 2020 as investors fled riskier assets following a hawkish tilt by the Federal Reserve. Meta’s decline of 7.9% over the five sessions far outpaced those of mega-cap technology peers, but it wasn’t met with the surge of buying from retail investors that are helped lift the stock out of previous selloffs.</p>.<p>Net purchases of Meta by retail buyers barely budged this week, hovering around $40 million, according to data from Vanda Research. Five weeks ago, a similar drop in the stock price prompted a weekly inflow of more than $150 million and triggered a rebound in the shares.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/business/business-news/meta-to-expand-facebook-protect-program-to-india-1056996.html">Meta to expand Facebook Protect program to India</a></strong></p>.<p>Now, the cheapest of the mega-cap stocks keeps getting cheaper. Meta is less expensive than about 40% of the stocks in the Russell 1000 Value Index, based on price to trailing profits, according to data compiled by Bloomberg. </p>.<p>The stock is trading at 22 times earnings, down from 28 in September when Meta shares were at a record high. Of course, that was before a whistleblower released a trove of internal data that fueled another round of intense scrutiny and more angst about regulatory risks.</p>.<p><strong>Watch the latest DH Videos here:</strong></p>
<p>Bargain hunters are no longer pouncing on skids in the shares of Facebook parent Meta Platforms Inc. the way they once did. </p>.<p>The social media giant posted its worst week since June 2020 as investors fled riskier assets following a hawkish tilt by the Federal Reserve. Meta’s decline of 7.9% over the five sessions far outpaced those of mega-cap technology peers, but it wasn’t met with the surge of buying from retail investors that are helped lift the stock out of previous selloffs.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/business/technology/facebook-sold-ads-comparing-covid-19-vaccines-to-nazi-germany-holocaust-report-1057144.html">Facebook sold ads comparing Covid-19, vaccines to Nazi Germany, Holocaust: Report</a></strong></p>.<p>Net purchases of Meta by retail buyers barely budged this week, hovering around $40 million, according to data from Vanda Research. Five weeks ago, a similar drop in the stock price prompted a weekly inflow of more than $150 million and triggered a rebound in the shares.</p>.<p>Now, the cheapest of the mega-cap stocks keeps getting cheaper. Meta is less expensive than about 40% of the stocks in the Russell 1000 Value Index, based on price to trailing profits, according to data compiled by Bloomberg. </p>.<p>The stock is trading at 22 times earnings, down from 28 in September when Meta shares were at a record high. Of course, that was before a whistleblower released a trove of internal data that fueled another round of intense scrutiny and more angst about regulatory risks.</p>.<p>Bargain hunters are no longer pouncing on skids in the shares of Facebook parent Meta Platforms Inc. the way they once did. </p>.<p>The social media giant posted its worst week since June 2020 as investors fled riskier assets following a hawkish tilt by the Federal Reserve. Meta’s decline of 7.9% over the five sessions far outpaced those of mega-cap technology peers, but it wasn’t met with the surge of buying from retail investors that are helped lift the stock out of previous selloffs.</p>.<p>Net purchases of Meta by retail buyers barely budged this week, hovering around $40 million, according to data from Vanda Research. Five weeks ago, a similar drop in the stock price prompted a weekly inflow of more than $150 million and triggered a rebound in the shares.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/business/business-news/meta-to-expand-facebook-protect-program-to-india-1056996.html">Meta to expand Facebook Protect program to India</a></strong></p>.<p>Now, the cheapest of the mega-cap stocks keeps getting cheaper. Meta is less expensive than about 40% of the stocks in the Russell 1000 Value Index, based on price to trailing profits, according to data compiled by Bloomberg. </p>.<p>The stock is trading at 22 times earnings, down from 28 in September when Meta shares were at a record high. Of course, that was before a whistleblower released a trove of internal data that fueled another round of intense scrutiny and more angst about regulatory risks.</p>.<p><strong>Watch the latest DH Videos here:</strong></p>