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Barchart
Barchart
Wajeeh Khan

META Stock Plunges into Oversold Territory as Meta Platforms Loses in Key Social Media Addiction Trial

Meta Platforms (META) stock is slipping this morning after a Los Angeles jury ruled the tech titan deliberately designed addictive features that harmed young users. 

The subsequent pressure on META saw its 14-day relative strength index (RSI) crash into the late 20s on Thursday, indicating oversold conditions that often lure buyers back into the trade.  

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