Meta Platforms, Inc. shares fall 6.00% after-hours as European regulators crack down on Big Tech.

Meta Platforms, Inc. dropped 6% in after-hours trading, with the company's CEO, Mark Zuckerberg, announcing a $600 million investment in virtual and augmented reality products. However, European regulators have launched a series of investigations into Big Tech, including a 797.72 million euros fine on Meta for abusive practices benefiting Facebook Marketplace. Additionally, Bank of Ireland warned about a new 'pump and dump' Meta investment scam, which may have contributed to the stock's decline.