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Benzinga
Benzinga
Business
Adam Eckert

'Their Focus Is Gone': Why Pete Najarian Bought Meta Platforms Put Options

Following Meta Platforms Inc's (NASDAQ:FB) disappointing quarter, Market Rebellion co-founder Pete Najarian decided to buy some downside insurance on his Meta stock position.

"Their focus is gone," Najarian said Tuesday on CNBC's "Fast Money Halftime Report." "They are not the Facebook they have been in previous quarters where they've absolutely crushed it."

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