Meta is about to shed the last of its old corporate name.
The Facebook-parent company announced Tuesday that it will change its stock ticker symbol to “META” prior to the market open on June 9.
Meta rebranded from Facebook in October, saying it was part of its ambitions beyond social media. CEO Mark Zuckerberg has specifically been interested in building out the metaverse, a sci-fi term that entails working and playing in a virtual world.
At the time, Meta said it would change its stock ticker to “MVRS,” effective Dec. 1. In late November, the company said it was delaying the change to the first quarter of 2022.
Since then, Roundhill Investments, which used the “META” ticker for its Roundhill Ball Metaverse ETF, announced it would relinquish that ticker symbol. That apparently freed it up for Meta to grab.
Meta said that no action by the company’s shareholders is required with respect to the ticker symbol change.
The post Facebook’s Transformation to Meta Will Be Complete with New Ticker Symbol on June 9 appeared first on TechWeb Trends.
Facebook’s Transformation to Meta Will Be Complete with New Ticker Symbol on June 9 first appeared on Web and IT News.
India’s government is drafting a new legal framework that would force virtual private network providers…
AI browsers arrived with bold claims. They would handle routine tasks, summarize pages, even act…
Cloudflare has announced new tools designed to help website owners block AI companies from scraping…
The Delaware Court of Chancery delivered a fresh setback to JPMorgan Chase this week. A…
SpaceX showed a group of investors a sleek prototype. The device looked like a handset.…
The U.S. military has a new set of wingmen in orbit. Two young space companies…
This website uses cookies.