Meta Platforms Inc. is trading at $608.68 (3.0% down) as the broader market sells off following a strong May jobs report.
- The Nasdaq Composite is down 2.86%, with growth stocks facing pressure as robust labor data reinforces expectations for higher-for-longer interest rates.
- There are no major company-specific announcements or earnings updates; the move is primarily driven by the risk-off tape and general weakness across technology shares.