Under EU antitrust regulations, Meta has proposed a solution: to display eBay product information, resulting in a nearly 10% surge in the latter's stock price.
On Wednesday Eastern Time, Meta announced that it will display eBay's product information on Facebook Marketplace in response to the European Union's antitrust ruling. The ruling imposed a fine of 0.798 billion euros on Meta, which has appealed the decision. After the news was announced, eBay's stock price surged over 13% during Regular Trading Hours.
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Meta Platforms(META.US) 10% Shareholder Sells US$66.4 Million in Common Stock
$Meta Platforms(META.US)$ 10% Shareholder Zuckerberg Mark sold 35,921 shares of common stock on Jan 6, 2025 at an average price of $618.4425 for a total value of $22.22 million.Source: Announcement(
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Meta Platforms Insider Sold Shares Worth $21,951,284, According to a Recent SEC Filing