🚨 Just In: Meta shares fell 7% after two U.S. jury verdicts found the company liable in cases tied to harm to young users 📉⚠️
The rulings added fresh legal risk for Facebook and Instagram, with one case involving a $375 million penalty in New Mexico and another a $6 million award in Los Angeles.
Meta says it will appeal the decisions.
Takeaway: investors are pricing in heavier litigation risk for Meta 💰