Cramer: Meta is not the new tobacco, warns against selling over social media court rulings

The slump in Meta Platforms — exacerbated by two social media court defeats this week — could be setting up as a buying opportunity. Meta shares sank more than 8% on Thursday after a Los Angeles jury late Wednesday found the company (and Google's YouTube) negligent in the case of a woman who alleged she became addicted to apps as a kid. Damages totaling $6 million were awarded, with Meta on the hook to pay 70% of them. On Tuesday, a jury in Santa Fe, New Mexico , held Meta liable for $375 million in civil d ...