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I guess this is a cost of doing business as a settlement, how do you think this will affect their long term prospects? SP dropped around 15% YTD. Yahoo: [https://finance.yahoo.com/news/meta-settles-us-states-over-130318028.html](https://finance.yahoo.com/news/meta-settles-us-states-over-130318028.html) "Meta Platforms agreed to pay a maximum $16.68 billion as part of a settlement to resolve claims brought by states across the country that the company designed Facebook and Instagram to addict children, misled consumers about their safety, and improperly collected personal data of children who used its platforms, court …
— ORIGINAL POST ·
$META reaches $16.68 billion settlement over social media harms to children
· r/stocks
· Aug 26, 2026