# Meta Stock Drops 7.6% After AI Costs

> Meta Platforms stock fell 7.6% Thursday as AI expenses and legal issues hit.
- Title: Meta Stock Drops 7.6% After AI Costs · The Motley Fool
- Summary: Meta Platforms stock fell 7.6% Thursday as AI expenses and legal issues hit. Meta Platforms stock dropped 7.6% Thursday due to AI costs and a $25 billion…
- Keywords: meta platforms, stock, ai expenses, legal settlement, cambridge analytica, new mexico, finance, money, Meta, Drops, Costs, The Motley Fool
- Source: The Motley Fool — https://fool.com/investing/2026/10/22/why-meta-platforms-stock-took-a-hit-today
- Author: Danny Vena, CPA
- Published: 2026-10-22T17:28:41+00:00
- Read time: 1 min
- Topics: meta platforms, stock, ai expenses, legal settlement, cambridge analytica, new mexico, finance, money
## Stock Plunges 7.6%
Shares of Meta Platforms dropped 7.6% Thursday, falling as much as 7.2% by 1:10 p.m. ET.
## AI Costs and Legal Issues
Meta announced a new stock class to fund AI expenses, employee costs, and potential acquisitions, while New Mexico sued for $25 billion over privacy.
## Financial Results
Meta reported $64.6 billion revenue and $3.83 diluted EPS for Q3, but took a $9.9 billion charge for teen social media addiction.
## Stock Structure Change
Meta will create non-voting Class C shares to raise capital, allowing Zuckerberg to retain over 60% voting control by Jan. 19, 2027.
## Key takeaway

Meta Platforms stock dropped 7.6% Thursday due to AI costs and a $25 billion privacy judgment.