Live On CNBC, Steve Weiss Announces Trimmed Meta Platforms
Portfolio Pulse from Benzinga Newsdesk
Steve Weiss, a frequent guest on CNBC, announced that he has trimmed his holdings in Meta Platforms.
September 28, 2023 | 4:23 pm
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Steve Weiss' announcement of reducing his stake in Meta Platforms could potentially influence other investors to follow suit, possibly leading to a short-term decrease in the company's stock price.
Steve Weiss is a well-known figure in the investment community and his actions are often closely watched by other investors. His decision to trim his holdings in Meta Platforms could be interpreted as a lack of confidence in the company's short-term prospects, which could potentially lead to a sell-off by other investors, thereby negatively impacting the stock price in the short term.
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