Tech Stocks Roundup: Facebook Changes Company Name to Meta

Facebook (FB) – Get Facebook, Inc. Class A Report stock rose another 2% Monday, following big gains on Friday as investors digested the company’s new name and brand, Meta, and the virtual reality 3D universe it is potentially looking to pivot to as part of its longer-term strategy of veering away from being a giant social networking platform.

Facebook announced it was officially changing its name to Meta – and the company’s stock ticker to MVRS. Meta as ‘MVRS’ will begin trading on the New York Stock Exchange on Dec. 1.

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