Meta Platforms Inc META shares are trading lower by 6.59% to $114.36. EU privacy regulators reportedly ruled the company should not require users to agree to personalized ads based on online activity.
What Happened?
Our Benzinga team reported the European Data Protection Board has issued rulings targeting the three sites, and Meta's primary regulator in Ireland will deliver a final judgement within a month, according to Reuters.
EU privacy authorities have concluded that Meta should not require users to agree to tailored advertisements based on their online activity, a move that might limit the data that Meta can access...Read More
According to data from Benzinga Pro, Meta Platforms has a 52-week high of $352.71 and a 52-week low of $88.09.
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