Meta shares slip after US jury verdicts raise concerns of new legal exposure

Meta shares fell 6% to a 10-month low on Thursday after rulings this week found the Facebook parent failed to adequately warn or protect young users, stoking concerns about billions of dollars in fines from new cases and follow-on litigation.

Jurors in the first two US trials from a wave of lawsuits accusing ‌social media ⁠companies of ⁠harming children have found Meta liable, a development that could set up an appeals ​fight challenging long-standing legal protections for tech firms.