Meta is trading 3.05% down at $580.85 as investors assess its high-stakes youth-safety trial, which begins August 12, 2026.
- A coalition of 29 states alleges Meta designed Facebook and Instagram to be addictive to children, potentially exposing it to massive damages and platform changes.
- The decline appears company-specific as broader markets trade higher and the Nasdaq gains 0.55%, with investors focused on litigation risk and potential financial consequences.