Meta Platforms, Inc (NASDAQ:META) stock traded higher by more than 2% on Wednesday as traders lean into mega-cap strength even while the Communication Services sector is slipping.
The Nasdaq is down 0.06% while the S&P 500 has shed 0.06%.
Meta agreed to a sweeping multibillion-dollar settlement with U.S. states that will end a closely watched federal child-safety trial and require major changes to Facebook and Instagram.
• Meta Platforms stock is gaining positive traction. What’s pushing META stock higher?
Meta Agrees To Youth Safety Restrictions
