Hunterbrook Shorts Meta as Muse Downloads Slow 8% and DAU Growth Craters 62%
META sits 38% above its 52-week low of $520.26.
Summary
Hunterbrook Capital disclosed a short position in Meta, citing alternative data showing Muse AI agent downloads fell 8.1% week-over-week to ~165,000 daily, with Oct 6 downloads 21.1% below the Sept 24 peak. Daily active user growth slowed from ~198,000/day in mid-September to ~74,000/day in the latest week, a 62.4% deceleration. Reviews also dropped 11.6% week-over-week, with iOS reviews down 22.5%. Hunterbrook also flagged that Amazon, Costco, and Netflix have restricted Muse's capabilities. This follows Meta's Q2 earnings miss and $18B legal settlement, adding pressure on the AI narrative that drove a $200B market value gain. The short report is a new, data-driven bearish signal on Meta's key AI product.
At the time of this announcement, META was trading at $718.00 on NASDAQ in the Technology sector, with a market capitalization of approximately $1.8T. The 52-week trading range was $520.26 to $779.82. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Benzinga.