Meta, Alphabet shares fall after US jury verdicts on social media harm

Facebook-parent Meta Platforms' META.O shares hit over 10-month low, down 3.1% at $576.23

A Los Angeles jury on Wednesday found Meta and Alphabet's GOOGL.O Google liable for a young woman's depression and suicidal thoughts after she said she became addicted to the companies' platforms

Companies ordered to pay a combined $6 mln in damages

GOOGL down 1.5% at $286.53

In a separate New Mexico case, a judge on Tuesday ordered Meta to pay $375 mln after finding co misled users about safety of its products for young users and enabled the sexual exploitation of children on its platforms

META has fallen 12.7% so far this year, GOOGL has fallen 8.5% YTD