Meta Platforms (formerly Facebook Inc) is a US online social media and social networking company based in California. Founded by entrepreneur Mark Zuckerberg in 2004, it’s the parent company of one of the most popular social media platforms in the world, Facebook, with almost 3 billion active users. Meta also owns Messenger, WhatsApp, Instagram, PrivateCore, Oculus VR, Giphy, Kustomer, and several other subsidiaries. It’s considered one of the big five technology companies in the world and one of the first to reach a market capitalisation of $1tn in June 2021. Meta stock is listed on the Nasdaq exchange in New York and is a constituent of the NASDAQ 100 and S&P 500 stock indices. The blue-chip company has been popular with long-term investors due to its consistent revenue growth, positive cash flow and balance sheet, and the increasing significance of technology in modern life. Start spread betting or trading CFDs on our Meta share price.
Source: CMC Markets. Past performance is not indicative of future results.
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