![]() What form the metaverse will take isn’t exactly clear yet. ![]() As its new name implies, Meta is now focused on the metaverse, which Zuckerberg describes as “the next frontier” of the internet. Meta has played a major role in shaping social media, society and perhaps even democracy itself. Since Mark Zuckerberg co-founded Facebook (now Meta) in 2004 along with several of his Harvard University classmates, the company has become an integral part of the daily lives of nearly two billion people around the world. There may be other fees associated with trading. residents 18+ and subject to account approval. So does it deserve a spot in your portfolio? (If so, you can buy it through any of the best online stock trading platforms.) Here’s how to find out. It’s also worth noting at the outset that Meta doesn’t pay dividends. You might be wondering, how much is Facebook stock now? In the spring of 2022, shares have traded around $228. Suffice it to say, Meta’s stock price has gone through some major swings. For the first time ever, Facebook had just reported a loss of active users, and its share price plummeted, wiping out more than $250 billion in market value in one day - the largest single-day loss in market history. Then came February 3, 2022, a day many investors will remember for years to come. ![]() More recently, Meta’s stock price hit an all-time high in September 2021, closing at $382. The stock’s price plummeted, closing at an all-time low of $17.73 later that year, and it took 16 months for shares to return to the initial offering price of $42. In May 2012, the Menlo Park, California-based social media platform launched its IPO, which was marred by technical glitches. It’s one of the most high-profile tech companies in the world, alongside Amazon, Apple, Netflix and Google - hence the acronym FAANG. Meta Platforms Inc., formerly known as Facebook, Inc., is the parent company of Facebook, Instagram, WhatsApp, Oculus and many other uber-popular technology brands.
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