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International Business Times
International Business Times
Business

A New Mexico Judge Ordered Meta to Pay $25 Billion For a Case. Its Stock is Still Climbing.

Meta stock is climbing almost 2% on Wednesday despite a judge ordering the company to pay $25 billion over a case. (Credit: Getty Images)

A New Mexico judge ordered Meta to pay $25 billion after a jury found the company guilty of misleading consumers about the privacy of their data a decade ago.

"Facebook's wrongdoing — over the course of years and systematically broadcast to the public — goes to the heart of Facebook's core business practices," Judge Francis Mathew said in the order.

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