Facebook Ordered to Pay $25 Billion in Fines. Will Meta Stock Crash?

Meta has been hit with a record $25 billion penalty over Facebook’s handling of user data. Yet Wall Street appears remarkably calm. The company’s shares are rising, with investors focused on its booming AI business and a major earnings report due tonight. A New Mexico judge ordered Meta to pay $25 billion on Wednesday, October 21, after a jury found that Facebook repeatedly misled consumers about privacy protections and its handling of personal information. The ruling is the largest financial penalty imposed on Meta to date. Yet Meta stock climbed roughly 2% to around $708 in afternoon trading. The company, worth approximately $1.8 trillion, showed little immediate sign of investor panic. There are reasons Wall Street might be looking beyond the penalty.

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