With Both Down More Than 40%, Should Investors Buy Meta Platforms or Netflix?

With Both Down More Than 40%, Should Investors Buy Meta Platforms or Netflix?
·4 min read

What's more, Russia's invasion of Ukraine has slowed down the global supply chain, impacting companies around the world. Year to date, the S&P 500 has drawn back nearly 20%, and the Nasdaq Composite has retreated even further, plunging almost 30%. Two well-known tech stocks, Meta Platforms (formerly Facebook) (NASDAQ: FB) and Netflix (NASDAQ: NFLX), have not been spared from the sell-off party.