Meta Shares Rise to 571.51 After Morning Outage

Meta Platforms services recovered midday after a widespread outage hit Facebook, Instagram and WhatsApp on June 12. User reports surged before 9:30 a.m. ET, peaking above 62,000 for Facebook and 8,000 for Instagram by 10:11 a.m., while Ads Manager and Messenger APIs also failed. Meta confirmed it was working on fixes; shares initially fell 0.8% but later traded up 0.54% at 571.51 as markets viewed the disruption as temporary.