Why Meta Platforms Was Rising Today
Shares of Meta Platforms (NASDAQ: META) were on the rise Wednesday, up as much as 4.2% before settling into a 3.5% gain as of 1:57 p.m. ET.
The move was notable, since all of the major indices were in the red at that time.
Investors appear to be enthusiastic over the prospect of Meta launching a new microblogging rival to Twitter called Threads, which is set to be unveiled on Thursday. While a Twitter competitor might not make a huge difference in Meta's value, with a market cap already at $755 billion, it could make an incrementally positive contribution and also benefit Meta's data-gathering capabilities.
Source Fool.com
Meta Platforms Inc. Aktie
515,20 €
6,74 %
Die Meta Platforms Inc. Aktie verzeichnet mehrere Buy-Einschätzungen, was auf eine positive Stimmung hindeutet.
Das von der Community festgelegte Kursziel für Meta Platforms Inc. von 645 € impliziert eine deutliche Steigerung gegenüber dem aktuellen Kurs von 515.2 €.
