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Meta shares rose 2.1% as investors reacted to the company’s major legal settlement

Published Source: CryptoPolitanRead original

Crypto Insight Summary: Meta Platforms (NASDAQ: META) is surging on Wednesday as investors are reacting to a new legal settlement as a major cut to the company’s risk. META was up 2.1% at press time after a wild session. Shares jumped more than 4% soon after the opening bell, then reversed and fell 1.4%, before moving back into... Crypto Insight Analysis: Direction: Neutral Impact: No Impact Horizon: Short-term (1-3 days) Reasoning: Meta's legal settlement is unrelated to crypto markets.

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Meta shares rose 2.1% as investors reacted to the company’s major legal settlement — Crypto Insight