Meta Faces California Trial Over Harm to Children as Stock Sits 28% Below 2025 High
Updated
Updated · CNBC · Aug 17
Meta Faces California Trial Over Harm to Children as Stock Sits 28% Below 2025 High
3 articles · Updated · CNBC · Aug 17
Summary
California litigation against Meta has reached a critical stage, with the company accused of harming children and teens through its social media platforms.
Astronomical consequences are in play as the case tests Meta and CEO Mark Zuckerberg over alleged youth harm, making the proceedings a major legal threat for the company.
Meta shares are down almost 14% in 2026 and remain 28% below their September 2025 peak as investors track the trial's potential fallout.
CNBC said Julia Boorstin will continue coverage Tuesday, underscoring that the case has become a key near-term focus for markets watching Meta.