Meta Loses $130 Billion in a Day After Back-to-Back Child Safety Verdicts

Meta Platforms (Nasdaq: META) lost approximately $130 billion in market capitalization on Thursday after back-to-back jury verdicts found the company legally responsible for harming young users — rulings that investors fear could expose the social media giant to hundreds of billions of dollars in future liability. Meta’s stock closed down nearly 8% Thursday, its steepest […] The post Meta Loses $130 Billion in a Day After Back-to-Back Child Safety Verdicts appeared first on the deep dive.