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Meta Faces $1T Trial Over App Safety Threatening Heavy Stock Overhang

Benzinga Read original source (opens in a new tab)
The Story

News Summary

  • Meta faces a massive federal trial over app safety and addictiveness with damages potentially reaching $1 trillion.
  • Analyst Gary Black warns that the prolonged litigation could create severe stock overhang, causing Meta to underperform the broader market through the verdict.
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