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Can This Settlement Lead to More Lawsuits?
Ben Michael is a criminal defense attorney atMichael & Associates.
He believes the settlement can generate more legal activity, but that doesnt necessarily mean it will be material.
This settlement could absolutely lead to more people filing lawsuits against the company.
What Will Happen to the Stock Price?
The lawsuit settlement isnt likely to have much, if any, impact on Meta Platforms price.
Its also important to note how small the lawsuit settlement was compared to Meta Platforms financials.
The social media giant paid $25 million to settle the lawsuit.
Meta Platforms is also on track for revenue growth in 2025.
The company is currently projecting $39.5 billion to $41.8 billion in Q1 2025 revenue.
If anything, they can cause short-term panic that presents a buying opportunity, but even that is unlikely.
Is Meta Platforms Stock a Buy?
Investors should always conduct their research and assess their risk tolerances before buying any stock.
Meta Platforms caters to growth investors who want exposure to the companys ad business.
Meta Platforms has delivered solid growth rates for many years.
Meta Platforms also closed out the year with a 37.9% net profit margin.
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