Meta is building a prediction markets app. These stocks fell in response

Meta is building a prediction markets app. These stocks fell in response — Live Feedhttps://www.live-feeds.com/feed/meta-is-building-a-prediction-markets-app-these-stocks-fell-in-responseContinuously updated, source-cited coverage. Meta Develops Prediction Markets App Arenahttps://www.live-feeds.com/feed/meta-is-building-a-prediction-markets-app-these-stocks-fell-in-responsehttps://www.live-feeds.com/feed/meta-is-building-a-prediction-markets-app-these-stocks-fell-in-response#u15652Sat, 27 Jun 2026 10:21:57 +0000Meta CEO Mark Zuckerberg directed staff to build a prediction markets platform internally called Arena. The news caused stock prices for Robinhood and DraftKings to drop. The New York Times first reported the development.What's confirmed:Meta CEO Mark Zuckerberg directed staff to create a prediction markets platform.The New York Times first reported Meta's plans for the app.The internal name for the prediction markets platform is Arena.Stocks for DraftKings and Robinhood fell in response to the news.