Meta (META) says it has resolved an issue that led to an outage of its suite of social media platforms, including Facebook, Instagram, and the recently launched Threads.

Yahoo Finance's Josh Lipton and Julie Hyman break down the details.

For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Editor's note: The headline and article were updated to reflect the latest from Meta.

This article was written by Angel Smith and updated by Luke Carberry Mogan.

Video Transcript

JOSH LIPTON: It was ugly on the street, including for Metis yesterday, they did end the day low or sliding after reports of widespread outages across Instagram and Facebook. Of course, Meta has a lot of fans around the world and some of them did deal with technical issues today per reports. More than 500,000 people said they couldn't not access Facebook this morning and folks had trouble accessing Instagram, WhatsApp, and Threads too. Wasn't just Meta either by the way, outages at X, YouTube.

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By lunchtime, though Meta did say the issue was resolved for everyone who was impacted, what was the source of the issue unclear right now? Of course, the rumor mill was in full swing at one point, was this an attempt to disrupt Super Tuesday. Biden administration however telling Bloomberg it has not seen any specific or credible threats attempting to disrupt presidential primary voting. Julie.

JULIE HYMAN: So in the end, we did see Meta shares down about 1.6% but that seems to have had as much to do with the general tech sell, perhaps as anything linked to this. So I think at this point people are in general used to disruptions when it comes to their social media. So as long as it doesn't last too long.

JOSH LIPTON: They roll with it.

JULIE HYMAN: And by the way, of course, we always keep the-- I mean, yes, 1.6% it's up 165% over the past 12 months. So we know that name has been an absolute monster.