Meta Plunges on Jury Verdict. Here's What It Means for Investors

Meta Platforms (META 3.91%) stock plunged on Thursday after a blockbuster verdict landed on the social media giant the day before.A California jury found that Meta and Alphabet's YouTube had designed their products to be addictive, leading to mental health harm such as anxiety and depression to the plaintiff, and establishing for the first time that social media can cause personal injury.That verdict comes on the heels of a similar setback for Meta in a case in New Mexico, where the Instagram parent was fou ...

Meta Platforms-Meta Plunges on Jury Verdict. Here's What It Means for Investors - Reportify