Meta shares drop as Q2 profit declines due to legal expenses and severance costs

Source: Abcnews.com· BARBARA ORTUTAY AP technology writer· July 29, 2026
Meta shares drop as Q2 profit declines due to legal expenses and severance costs

Meta Platforms says its second-quarter profit declined even as revenue beat Wall Street’s expectations, as legal expenses and severance costs for recent layoffs weighed on its results

This story was reported by Abcnews.com. Read the full original article:
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