Meta stock slips to start 2026 as rates rise; traders eye earnings timing
NEW YORK, Jan 3, 2026, 09:48 ET — Market closed Meta Platforms shares fell about 1.4% on Friday to close at $650.41, ending the first trading day of 2026 on the back foot. The stock traded between $643.58 and $666.10, with about 13.7 million shares changing hands. The move matters now because investors are re-pricing megacap growth stocks as bond yields drift higher. The benchmark 10-year U.S. Treasury yield ended around 4.19% on Friday as traders looked ahead to next week’s labor-market data and other delayed economic releases, Reuters reported. Reuters U.S. stocks finished mixed, with the Nasdaq edging down