Meta Platforms shares fell 1.44% in pre-market trading on March 27, 2026. The stock reached a price of $539.65 following a 7.96% drop the previous day. Meta closed at $547.54 on March 26 amid mounting social media lawsuits. A jury verdict finding the company negligent in a child safety case now threatens its Section 230 liability shield. Arete cut its price target for the stock from $676 to $614.
The company projected 2026 capital expenditures between $115 billion and $135 billion. Meta is committing $10 billion to expand its El Paso data center. Investors expressed concern over the company’s $58.7 billion debt load. The firm is also moving forward with additional job cuts.
Broader market indices declined as the NASDAQ fell 0.63% due to Middle East tensions. A March 27 filing revealed Assenagon Asset Management reduced its stake by 4.5% in the fourth quarter.