Meta stock slides 3% as New Mexico child-safety trial starts, risk-off mood hits tech
Meta shares fell 2.9% to $716.50 in early Monday trading, pulling U.S. stocks lower after last week’s rally. Jury selection began in New Mexico for a trial accusing Meta of facilitating child sexual exploitation, with opening statements set for Feb. 9. Investors are watching U.S. labor data this week amid growing uncertainty over tech stocks and regulatory risks.