Senator Cruz Says Meta Must Be More Responsive To Congressional Oversight
Portfolio Pulse from Benzinga Newsdesk
Senator Ted Cruz criticized Meta Platforms Inc. for not being responsive enough to congressional oversight, raising concerns about the company's transparency.
June 12, 2023 | 6:30 pm
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Senator Ted Cruz's criticism of Meta Platforms Inc. for not being responsive to congressional oversight may raise concerns about the company's transparency and regulatory compliance.
Senator Cruz's criticism highlights potential issues with Meta's transparency and responsiveness to regulatory authorities. This may negatively impact investor sentiment and lead to short-term downward pressure on the stock price, as investors may perceive increased regulatory risk.
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