China review of Manus deal drags META as Wall Street targets $822
New York, January 7, 2026, 15:28 EST — Regular session
- Meta shares slid about 1.7% in afternoon trade after a report said China is reviewing its Manus AI startup buy.
- Separate headlines on smart-glasses supply and a new chief legal officer kept the focus on execution and regulation.
- Analysts’ average 12-month target sits near $822, with earnings later this month the next big test.
Meta Platforms (META.O) shares fell about 1.7% to $649.66 on Wednesday afternoon after a report said Chinese officials are reviewing the company’s purchase of artificial intelligence startup Manus. The Financial Times said the review could hinge on whether the transaction required an export license under Chinese law; Meta and…
