Meta Lawsuit, Snap Judgment 10/24/23

from Power Lunch · host CNBC

Meta Platforms is facing a new lawsuit over its alleged impact on kids and teens. The suit claims Meta’s services are designed to be addictive, and the company lied about it. We’ll speak to the Attorney General of Washington, D.C.Plus, our contrarian week continues with a look at fellow social media stock, Snap Inc. 38 analysts cover it, but only 3 rate the shares as a “buy.” We’ll speak to one of those brave bulls about why he likes the stock. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

What this episode covers

Meta Platforms is facing a new lawsuit over its alleged impact on kids and teens. The suit claims Meta’s services are designed to be addictive, and the company lied about it. We’ll speak to the Attorney General of Washington, D.C. Plus, our contrarian week continues with a look at fellow social media stock, Snap Inc. 38 analysts cover it, but only 3 rate the shares as a “buy.” We’ll speak to one of those brave bulls about why he likes the stock.

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Meta Lawsuit, Snap Judgment 10/24/23

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This episode is 43 minutes long.

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This episode was published on October 24, 2023.

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