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

Source: International Business Times

Meta stock is climbing almost 2% on Wednesday despite a judge ordering the company to pay $25 billion over a case. 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.