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Facebook’s name on the stock market changes: what will happen to investors?

  • June 1, 2022
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The umbrella company of social networks such as WhatsApp and Instagram facebookhas changed names by a decision taken in previous periods. The new name of the company meta

The umbrella company of social networks such as WhatsApp and Instagram facebookhas changed names by a decision taken in previous periods. The new name of the company meta it happened. This was a decision made for the umbrella company and not for the social media application Facebook. Authorities announced that they would invest in metaverse technologies in accordance with this decision. Now there is an important development regarding Meta.

Meta has been on the NASDAQ stock market for over 10 years. FB was listed by name. However, this will change very soon. According to the official statements, investors looking to buy FB shares will be given this name as of June 9. they will not find† The name of the company on the stock exchange”META” will be.

Nothing but a name change for the investor

NASDAQ Stock Market Name Change won’t change anything† Lot prices remain at their current value. From June 9th the investor who wants to buy or sell Will use META code instead of FB

Facebook has already addressed this issue during the rebranding process. In the first statements made, the company’s name on the NASDAQ stock market was “MVRSIn fact, this change would take effect on January 1, 2022. However, this decision was waived in the following process: with an announcement, the change was implemented in the first quarter of 2022. I was told it was delayed† Now it looks like the final decision on this has been made.

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Source: Web Tekno

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