Meta Shares Rise to $667 Despite $1.4T Youth-Safety Penalty Threat

Meta stock climbed to $666.81 on July 10 as investors largely dismissed the $1.4 trillion penalty demand from four states in the youth-safety case. The threat stems from the June 30 ruling by Judge Yvonne Gonzalez Rogers that denied Meta’s motion to dismiss and granted summary judgment on COPPA violations alleged by 29 state attorneys general. An August 18 trial in Oakland looms alongside a separate February trial and a parallel suit by former executive Sarah Wynn-Williams. Despite the headline legal overhang near Meta’s market cap, shares have gained nearly 14% over the past month.