META is trading at $530.82 (-3.05%) as shares continue a sharp downtrend driven by a jury verdict finding the company negligent in a child safety case and mounting investor concerns regarding substantial AI infrastructure investments.
- The stock has lost 13.7% over the past week, following a 7.96% plunge on Thursday as legal pressures and questions about AI spending returns intensify.
- Broader market weakness is adding further pressure, with the NASDAQ down 1.28% and the communication services sector falling 3.5%, though Meta's company-specific risks remain the primary catalyst for today's decline.