The social media giant isn't attracting the same sort of crowds it used to, and users are less engaged as well. Read More...
Motley Fool
Why Facebook Beat the Market Again Today
One day after formally announcing to a surprised world that it is changing its name, Facebook (NASDAQ: FB) again saw its stock outpace the S&P 500 index. As every person, animal, and rock on this planet knows by now, Facebook announced Thursday it is to be called Meta, reflecting a new emphasis on the “metaverse” virtual reality (VR)-centric environment. Although the metaverse hasn’t necessarily been precisely defined, numerous investors and observers were quick to give Facebook a “like” for its largely unexpected maneuver.
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