Meta and Alphabet Stocks Slide Again After Social Media Addiction Verdicts Raise Liability Fears
Meta Platforms dropped another 2.4% by around 10 a.m. in New York, while Alphabet slipped 1.3% and Snap fell 4%, building on Thursday’s slide in social shares. The two big tech names are still reeling from a pair of U.S. jury defeats this week that have abruptly turned the child-safety controversy into a tangible legal threat for investors.
