However, if it’s compared to historical or industry P/E ratios, it can help determine how the stock is valued relative to its past and competitors. Financial sites like our own Investopedia also offer exceptionally useful company-specific information. Throughout 2022, META stuck continued to struggle, reaching lows not seen since the year 2015. In fact, META stock was down more than 60% for the year 2022, making that its worst to date on record. As of Sept. 30, 2022, Facebook’s monthly active users (MAUs) were 2.96 billion.
You can request that your brokerage purchase shares of Facebook stock at the current price or use a more advanced order type, like limit orders or stop orders. These types of orders only purchase shares once the stock price falls below a certain threshold. If you’re looking to buy Facebook or any other stock, you need a brokerage account to handle the transactions. Available services, fees and investment options differ from one broker to the next, so it’s smart to shop around to find one that fits your preferences. The current price per share, which for Meta was around $130.00 on January 8, 2023.
Meta Platforms, Inc. (META) Advances Plans for $10 Billion AI Data Center in Louisiana
- They work more or less the same way as the purchase order types we covered above.
- From family photos stored on the cloud to social media posts cataloging life’s pivotal moments, to music, art and stories we create and share online, the digital world is infused with representations …
- Traders would create private groups or join existing ones where they could connect with like-minded individuals, discuss their trades, and learn from each other’s experiences.
- A fresh focus on the 3D virtual metaverse world, the development of which cost tens of billions of dollars, failed to enthuse investors, particularly as focus was taken away from more proven strategies.
- The most concrete technology behind the metaverse right now is virtual reality (VR) headsets, which allow users to move around in virtual worlds.
However, leveraged trading means both your profits and losses are amplified, making it risky. Meta Platforms’ stock experienced declines since October 2024, but recent pullbacks and strong Q3 earnings suggest a “buy” rating is now warranted. Select to analyze similar companies using key performance metrics; select up to 4 stocks. These kinds of funds pool large numbers of stocks together in a single fund, making them less risky than individual stocks. Rather than counting on Facebook alone, with funds you can diversify your holdings across hundreds (or even thousands) of different companies, increasing the chances of overall growth without betting on a single company. The price-earnings ratio (P/E Ratio) is a common valuation metric, but there are many others.
Meta Platforms, Inc. (META)
Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. The Reality Labs segment provides augmented and virtual reality related products comprising consumer hardware, software, and content that help people feel connected, anytime, and anywhere. The company was formerly known as Facebook, Inc. and changed its name to Meta Platforms, Inc. in October 2021. Meta Platforms, Inc. was incorporated in 2004 and is headquartered in Menlo Park, California. Meta Inc. (META), owner of Facebook, the world’s largest social network, provides a digital social media platform enabling billions of users to connect with one another.
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Dover, Delaware , Nov. 21, 2024 (GLOBE NEWSWIRE) — DitchIt, the innovative local marketplace, has affiliate networks officially arrived in the heart of New York City with a bold and eye-catching advertisement in the ic… These three high-quality AI stocks are poised to surge in the coming months. Dover, Delaware, Nov. 22, 2024 (GLOBE NEWSWIRE) DitchIt, the innovative local marketplace, has officially arrived in the heart of New York City with a bold and eye-catching advertisement in the … In 2023, Meta Platforms’s revenue was $134.90 billion, an increase of 15.69% compared to the previous year’s $116.61 billion. Katrina Ávila Munichiello is an experienced editor, writer, fact-checker, and proofreader with more than fourteen years of experience working with print and online publications.
On Feb. 24, 2021, the Australian government passed algorand current price 1 25 usd legislation that effectively requires Meta’s Facebook and Alphabet’s Google platforms to pay news publishers for use of their content on the tech giants’ platforms. The law forces the tech companies and news publishers to submit to binding arbitration if they cannot reach a deal on terms of payment. Facebook was founded in 2004 by four Harvard University students, one of which is the company’s Chief Executive Officer (CEO), Mark Zuckerberg. The social networking site expanded quickly, rising to one billion users by 2012.
Has Meta Ever Split its Stock?
Trading under the ticker symbol META, the company’s share price journey has been dynamic, with significant price growth since its flotation. While a torrid 2022 caused a severe bearish run, the stock recovered strongly in 2023 and 2024. However, it was not until Facebook’s meteoric rise in popularity that the concept truly took off. As Facebook became one of the most dominant social media platforms worldwide, with billions of active users, traders saw an opportunity to tap into this vast network to expand their trading capabilities. 2022 however marked another brutal downturn for the stock following the company’s rebrand to Meta. A fresh the 8 best investing courses of 2020 focus on the 3D virtual metaverse world, the development of which cost tens of billions of dollars, failed to enthuse investors, particularly as focus was taken away from more proven strategies.