9/27, 8:12 PM (Source: TeleTrader)
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Meta falls to 4-week low amid new products release

The shares of Meta Platforms dropped on Wednesday, reaching its lowest valuation in four weeks despite the company announcing new products.

The American tech giant presented several new artificial intelligence tools, including a text-to-image generator called Emu, and AI editing tools for Instagram, as well as its latest mixed reality headset Meta Quest 3.

At 2:13 pm ET Meta Platforms plummeted 3.43%, selling at $289.2500 per share.

Baha Breaking News (BBN) / DD