Meta stock dips as UK watchdog calls out Facebook, Instagram over illegal gambling ads
Meta shares fell 2.1% to $607.03 in early New York trading after Britain’s Gambling Commission accused the company of allowing illegal online casino ads on Facebook and Instagram. Meta said it removes ads that violate its policies. The drop tracked broader market declines amid new U.S. tariff threats against Europe. Investors await Meta’s Jan. 28 earnings report.