What Is Going on With Meta Platforms Stock on Thursday?
Meta stock falls as investors evaluated an $18 billion settlement with U.S. states imposing teen usage limits and stronger parental controls on Facebook and Instagram.
Meta agreed to pay $18 billion and add safety rules for teenagers on its apps like Facebook and Instagram. When big companies pay large settlements, people watch closely to see if the company can still grow and make money.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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