Why Is Meta (META) Stock Down 6.98% Today, Oct 22? $825B in Future Commitments Raise Funding and Dilution Concerns
Meta (META) fell 6.98% to $648.85 on October 22, 2026, as negative free cash flow, a higher capital-spending floor, and a new financing structure sharpened concern about the cost of its AI buildout. This draft examines the two company catalysts, the limits of the explanation, and the technical levels that now matter.