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Stock Market Today, Aug. 26: Meta Gains on $18 Billion Child-Safety Settlement
Source: Nasdaq
Legal & LitigationCompany FundamentalsArtificial Intelligence
Meta shares closed at $576.14, up 1.07%, after settling a high-profile child-safety case with U.S. states. The company agreed to pay up to $18 billion and implement additional child-safety measures. Despite the headline cost, the stock reaction suggests investors viewed the settlement as manageable relative to expectations.
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