Meta Platforms (META) has quietly added a new reason for investors to pay attention. Just a few days ago, the company launched Forum, a stand-alone app for Facebook Groups that looks a lot like Reddit (RDDT), while Meta’s app ecosystem still reaches 3.56 billion daily active users.
The stock, meanwhile, has been choppy. META is down more than 7% year-to-date, underperforming the broader market index as worries over AI spending and legal risk persist.