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Jon Keegan

Meta boosted by TikTok’s SCOTUS troubles

Meta may be the biggest beneficiary of TikTok’s existential woes. After arguments at the Supreme Court today, which made the impending ban of TikTok appear to be more likely, Meta’s stock swung from down 2% to as much as 3% higher. Shares ended the day with a decent gain despite the swoon in the broader market.

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