New Delhi, March 27 -- Shares of Meta are poised for a flat-to-negative start on Friday, March 27, after a massive decline in the last trading session. Meta's stock plunged almost 8% in overnight trade, which pulled it below a key moving average, and opened the possibility of a further downside.
CEO Mark Zuckerberg-led Meta Platform's stock closed Thursday's session 7.92$ down at $547.75 after US courts this week found social media platforms liable for building services that facilitated addiction among children. Meta stock is down almost 16% in 2026 so far and trades at a level seen 10 months ago.
The latest selloff came after two US courts held Meta liable for misleading users about the safety of its social media apps, leaving children...
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