Why Meta Platforms Stock Was Up Today
Shares of Meta Platforms (NASDAQ: META) were moving higher today as investors responded favorably to the Facebook parent's launch of its new Quest 3 mixed reality (MR) headset, which comes just days ahead of Apple's (NASDAQ: AAPL) expected reveal of its own MR headset.
As a result, Meta stock was up 3.4% as of 2:08 p.m. ET on Thursday on the news.
In an Instagram post, CEO Mark Zuckerberg announced the highly anticipated device. Priced at $499, the new headset is 40% thinner than the Quest 2 and is said to be more comfortable and offer better display resolution.
Source Fool.com
Meta Platforms Inc. Stock
€513.30
6.350%
With 11 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
With a target price of 645 € there is a positive potential of 25.66% for Meta Platforms Inc. compared to the current price of 513.3 €.
