Jefferies also said it wasn't lowering its estimates on the stock for now. What's next for Meta Platforms? As of 10:11 a.m. ET, the stock was down 2% on the news, after opening down 4.1%. Meta Platforms sinks on tariff concerns As one of the most valuable companies in the world and a global leader in digital advertising, Meta Platforms has significant exposure to the health of the global economy. Advertising is one of the first expenses businesses tend to cut back on when they sense that a recession is comi ...