Meta's $95.13 Billion Trading Volume Lands Sixth in Market as EU Fines Fuel Stock Surge

Generated by AI AgentAinvest Market Brief
Wednesday, Apr 23, 2025 7:40 pm ET1min read

On April 23, 2025, Meta's trading volume reached $95.13 billion, ranking sixth in the day's stock market.

(META) rose by 4.00%, marking two consecutive days of gains, with a total increase of 7.35% over the past two days.

Meta has been vocal about its stance against the European Union's regulatory actions. The company has repeatedly criticized the EU for what it perceives as unfair treatment of American businesses. Meta's Chief Global Affairs Officer, Joel Kaplan, has stated that the European Commission is attempting to disadvantage successful American companies while allowing Chinese and European firms to operate under different rules. This sentiment has been echoed in multiple statements from Meta, highlighting their frustration with the EU's regulatory approach.

Meta's criticism comes in the wake of significant fines imposed by the EU. The company has been fined a total of 700 million euros, along with Apple, for breaching fair competition rules. Meta has labeled these fines as a 'tariff' on American firms, suggesting that the EU's actions are protectionist in nature. The fines are part of the EU's broader efforts to regulate the tech industry, with Meta and Apple being among the first major companies to face such penalties.

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