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Meta Says It Still Believes in Metaverse—Stock Is Down 64% Since Name Change

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News Papers wale

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Meta Says It Still Believes in Metaverse—Stock Is Down 64% Since Name Change

Meta Says It Still Believes in Metaverse—Stock Is Down 64% Since Name Change

Published: 1 year ago

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  • News

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While 2022 has been a tough year for the tech industry, Meta has had an especially rough run. Its stock has dropped 60% since the company changed its name in October 2021, when its stock traded at $323.57 per share. Currently, Meta is trading at $114.74, according to MarketWatch.

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