$20B erased from Mark Zuckerberg's fortune, Meta stock falls after back-to-back court losses

Meta shares fell nearly 5% Friday and more than $20 billion were wiped from Mark Zuckerberg’s net worth as investors feared a “Big Tobacco”-like legal reckoning following two back-to-back courtroom losses for the tech giant.The Facebook and Instagram owner – which has seen its stock drop nearly 13% this week – shed roughly $119 billion in market cap on Thursday after two verdicts found it liable for failing to protect children, potentially teeing up thousands of similar challenges.Meta was locked out of the ...