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Meta shares fall after deal linked to social media addiction trial settlement
Meta agreed to pay up to $16.68 billion as part of the settlement, helping weigh on the stock despite earlier gains.
Meta shares traded lower as Wall Street digested a settlement tied to a social media addiction trial, after the company agreed to pay up to $16.68 billion, MarketWatch reports.
The move came as investors reacted to the settlement terms, which reduced momentum from earlier gains for the social media company, according to MarketWatch.
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