Meta Platforms Inc., formerly known as Facebook Inc., is a tech giant that has significantly impacted the way people connect and share information globally
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. As of January 17, 2025, Meta’s stock price stands at $612.77, reflecting a slight increase of 0.24%
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. The stock has experienced a 52-week high of $638.40 and a low of $358.61
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. Meta’s market cap is an impressive $1.55 trillion
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Meta operates in two main segments: the Family of Apps and Reality Labs
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. The Family of Apps includes popular platforms like Facebook, Instagram, Messenger, and WhatsApp, which are used by billions of people worldwide
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. These platforms allow users to share photos, videos, messages, and connect with friends and family
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. On the other hand, Reality Labs focuses on augmented and virtual reality products, aiming to create immersive experiences through hardware, software, and content
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Meta’s journey has been marked by significant milestones and challenges
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. The company was incorporated in 2004 and has since grown to become one of the most influential tech companies in the world
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. In October 2021, it rebranded from Facebook Inc. to Meta Platforms Inc., signaling its shift towards building the “metaverse” – a virtual reality space where users can interact in a computer-generated environment
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Investors have seen substantial returns from Meta’s stock over the years
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. Despite facing regulatory scrutiny and market volatility, Meta has managed to maintain its position as a leading player in the tech industry
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. The company’s recent earnings report showed a net income of $15.69 billion for the third quarter of 2024, a 35.44% increase from the previous year
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Meta’s stock performance is closely watched by investors and analysts, as it reflects the company’s overall health and future prospects
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. The stock’s price movements are influenced by various factors, including earnings reports, product launches, regulatory changes, and market sentiment
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For more detailed information and real-time updates on Meta’s stock price, you can visit Yahoo Finance’s Meta Platforms, Inc. page
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If you’re interested in watching a video about Meta’s stock performance and its impact on the market, you can check out this YouTube link.
Is there anything specific you’d like to know more about regarding Meta or its stock?
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finance.yahoo.com
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bing.com
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www.google.com
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