Social media giant Meta Platforms (NASDAQ: FB), earlier known as Facebook, will begin trading on the NASDAQ under the ticker symbol META from June 9, replacing the current ticker FB. Shares of the company are down 43% amid a broader tech sell-off, and concerns about slowing advertising revenue due to rising competition from apps like TikTok and Apple’s (AAPL) iOS privacy policy changes. That said, Meta continues to focus on its future growth and is investing billions of dollars in rebranding itself as a Metaverse tech company.
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Meta Platforms (NASDAQ:META)
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