Bullbit
Stock Market
Meta, social media stocks continue slide Friday amid fallout from lawsuit losses
- What: Meta's social media stocks declined by 4.5% on Friday, March 29, 2026.
- Why: The decline is attributed to ongoing fallout from recent lawsuit losses.
- Signal: This marks the fifth consecutive day of decline for Meta's stocks.
- Target: Analysts predict a potential $20 billion loss for Meta in the current quarter.
- Risk: Investors are cautious of further losses as the company faces increasing regulatory scrutiny.