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On CNBC’s “Halftime Report Final Trades,” Rob Sechan, CEO of NewEdge Wealth, named Meta Platforms, Inc. (NASDAQ:META) as his final trade.
Meta shares fell on Thursday after the company was found liable in a landmark social media addiction case.
A California jury on Wednesday concluded that Meta and Google, owned by Alphabet Inc (NASDAQ:GOOG), should pay the woman $3 million in compensatory damages and an additional $3 million in punitive damages. Meta, which owns Facebook and Instagram, is on the hook for 70% of that amount.
Meanwhile, Meta is also cutting several hundred …
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