Meta Platforms (META) has entered one of its most turbulent phases in recent years. The stock is now down roughly 30% from its 52-week high of $796.25, wiping off more than $100 billion in market value. But this selloff isn’t triggered by one issue alone. A wave of legal setbacks, layoffs, and aggressive artificial intelligence (AI) spending has rattled investor confidence. While Meta navigates a complex transition from a high-margin social media business to a capital-intensive AI company, investors are wondering whether to buy, hold, or sell the stock right now.