Looking to trade Facebook stock? There’s a new symbol: META – WRAL TechWire

If you want to find the stock price of Mark Zuckerberg’s company, typing the familiar “FB” ticker on your favorite search engine, brokerage firm app or financial news site (hopefully this one!) will give you an error message or redirect.

That’s because the company formerly known as Facebook will no longer use the “FB” symbol it’s had since its 2012 initial public offering. Instead, it will be trading under the new symbol of “META” as of Thursday.

The new ticker comes a few months after Facebook officially changed its corporate name to Meta Platforms. The Meta moniker is a reflection of the social media giant’s pivot to the metaverse, with virtual worlds becoming an increasingly important part of the future for the owner of Facebook, Instagram, Messenger and WhatsApp.

As the company describes it, Facebook is “moving beyond 2D screens toward immersive experiences like augmented and virtual reality to help build the next evolution in social technology.”

Initially, the company said it…

Read Full Story: https://wraltechwire.com/2022/06/09/looking-to-trade-facebook-stock-theres-a-new-symbol-meta/

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source: https://news.oneseocompany.com/2022/06/09/looking-to-trade-facebook-stock-theres-a-new-symbol-meta-wral-techwire_2022060921390.html

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