Meta's stock rises after child-safety settlement - and looks poised to head even higher from here

Meta shares hit 5% intraday high after $16.68 billion settlement over alleged harm to young users

Meta shares hit a 4.96% intraday high after the company agreed to pay up to $16.68 billion to settle claims that Facebook and Instagram harmed young users. The settlement covers claims by 29 US states and requires Meta…