Facebook parent Meta drops another 5%; down 30% in three sessions
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Meta Platforms (NASDAQ:FB) is legging down again, -4.7% after a small move lower Friday - bringing its post-earnings slide to nearly $100/share, a 30%-plus drop.
Today's move is enough to make it the biggest loser in big tech today, as Alphabet is down just 1.8% - and Amazon.com is still moving higher after its double-digit Friday rally. (See a five-day comparison with big tech here.)

It's a three-session losing streak for Meta, adding up to a $279 billion equity wipeout over that span.
Volume is still elevated, already past 2.5 times normal passthrough of 24.7 million shares.
In company news today, discussion is ramping up over a possibility the company disclosed in its annual report last week: that failing a new agreement on a transatlantic data transfer framework, Meta might have to pull Facebook and Instagram from Europe.
Meta says it has no desire to pull out of the continent but that it's dependent on data transfers between the European Union and the United States.
The company was far and away the biggest decliner of last week among large Communications stocks after logging the biggest-ever single-day wipeout of equity value.