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META Stock Plunges into Oversold Territory as Meta Platforms Loses in Key Social Media Addiction Trial
Yahoo Finance· 2026-03-26 18:49
Meta Platforms (META) stock is slipping this morning after a Los Angeles jury ruled the tech titan deliberately designed addictive features that harmed young users. The subsequent pressure on META saw its 14-day relative strength index (RSI) crash into the late 20s on Thursday, indicating oversold conditions that often lure buyers back into the trade. More News from Barchart Versus their year-to-date high, META shares are now down nearly 25%. www.barchart.com Significance of the LA Ruling for Meta St ...