Meta (META) is still in the red for the year, with legal, regulatory, and heavy spending worries dragging on the mood around the company. In late March, the stock had its worst day in months, dropping about 8% after back-to-back jury verdicts tied to harm and child safety issues. That run also included a $375 million penalty in New Mexico and fresh concern over how much it is pouring into AI projects.
Legal pressure is growing, too, with high-profile lawmakers now pushing a bill that would pause new AI data centers across the country. All of this helps explain why the share price has struggled even while the wider AI theme keeps charging on.
