Meta is trading 3.99% down at $571.23 after renewed attention on its youth-safety litigation.
- Jury selection began August 12, 2026, in a federal trial alleging Facebook and Instagram harmed children and unlawfully collected minors’ data.
- Reuters says the case could expose Meta to massive damages and force platform changes; regulatory and litigation risks intensified while the broader market was higher.
- Meta disclosed August 13 that it removed more than 750,000 underage Australian accounts.