Meta stock hits longest daily losing streak in history, shedding $223 billion in market cap

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Meta stock has recorded nine consecutive trading sessions of losses, the longest daily losing streak in the company’s history as a public company. This decline has erased approximately $223 billion in market capitalization, representing a cumulative drop of 12.9%. The stock has fallen from a July intraday high of $681.90 to around $593.41, bringing its market cap to approximately $1.5 trillion. Analysts project revenue growth of approximately 27% for Q2 2026, with total revenue expected near $60.29 billion, but Meta’s projected capital expenditures of $135 billion for 2026 are weighing on investor sentiment. Meta’s Q2 earnings report is scheduled for after market close on July 29, 2026.

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