Meta's Trading Volume Drops 21% to $5.296 Billion Ranking 11th in Stock Market

On June 18, 2025, Meta's trading volume reached $5.296 billion, a 21.07% decrease from the previous day, ranking 11th in the day's stock market. Meta (META) fell by 0.26%, marking two consecutive days of decline, with a total decrease of 0.96% over the past two days.

Meta Platforms is in advanced discussions to hire Nat Friedman, the former CEO of GitHub, who has become a notable AI investor. The company is also considering hiring Daniel Gross, Friedman's partner in the investment fund NFDG, to work on AI initiatives. Additionally, Meta is exploring the possibility of partially acquiring NFDG. This move aligns with the broader trend among big tech companies to invest heavily in AI partnerships and initiatives to maintain their competitive edge. Recently, Meta announced a $14.8 billion investment in Scale AI, its second-largest investment to date, and hired Scale AI CEO Alexandr Wang to lead its new superintelligence unit. Friedman is already part of Meta's Advisory Group, providing guidance on technology and product development.