Industry observers and legal experts have drawn comparisons to the tobacco industry's watershed legal moments, suggesting the rulings could permanently alter the legal and regulatory landscape for social media companies. Analysts noted that investors are repricing legal and regulatory risk, with the concern extending beyond Meta to the entire social media industry, as evidenced by sharp declines in shares of Reddit (RDDT), Snap (SNAP), and Pinterest (PINS), which fell 10% or more on the day.While the financ ...