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MarketBeat
MarketBeat
Leo Miller

OpenAI Shutters Sora: A Win for Meta Platforms Amid a Rocky Stretch

Sora OpenAI Meta Reels VIBES Economy MarketBeat

As of late, not much has been going well for Magnificent Seven member, Meta Platforms (NASDAQ: META).

In 2026, the stock has fallen more than 10% and is closing in on a 15% decline for the year. Overall, Meta has experienced more than 25% drawdown from its 52-week high in August of last year.

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