Meta Platforms' Stock Is Falling Again Today -- Here's Why
Shares of Meta Platforms (NASDAQ: FB) were sliding once again today as investors continued to process comments made by the company recently that indicated that Meta could potentially shut down Facebook and Instagram in Europe due to increasing regulations.
The tech stock was down by 3.2% as of 3:20 p.m. ET.
European regulators are working on a law that could potentially prohibit companies from sending Europeans' data across the Atlantic to the U.S. Meta said late last week that such a move could force the company to shut down Facebook and Instagram in the region.
Source Fool.com
