Meta Platforms Inc is the umbrella company for all applications and technologies that previously existed under Facebook, Inc, including Instagram and WhatsApp. The aim of these technologies is to help connect people to other people. During their 2021 rebrand, founder and CEO Mark Zuckerberg claimed that the company was moving forward into the future of social interaction: the metaverse. The metaverse will be an immersive, virtual environment that provides an augmented reality for socialisation and gaming.
Meta Platforms Inc can be traded on the eToro platform under the technology services sector. Last fiscal year, the company reached a revenue of $23.20bn with an annual growth rate of -41.07%.
Traders of Meta Platforms Inc can take advantage of Extended Hours Trading, where the company can be traded as a CFD. By operating outside of standard
market hours, eToro traders can react to breaking news and changing opportunities, which gives a competitive edge to trading strategies.
Extended Hours products may be subject to additional risks. Further details of these risks may be found here.Diversify your virtual portfolio by adding META.EXT shares on eToro.