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Why Facebook Is a Must-Own Metaverse Stock in 2022

Google searches for the term have skyrocketed in the last three months after Mark Zuckerberg, the CEO of Facebook parent Meta Platforms (NASDAQ: FB), said it was rebranding to signal its belief that the future of the company -- and technology -- is in the metaverse. Facebook acquired VR headset maker Oculus for $2 billion in 2014, and that bet finally seems to be paying off, as the social media giant has the pole position in VR headsets. Read More...

Google searches for the term have skyrocketed in the last three months after Mark Zuckerberg, the CEO of Facebook parent Meta Platforms (NASDAQ: FB), said it was rebranding to signal its belief that the future of the company — and technology — is in the metaverse. Facebook acquired VR headset maker Oculus for $2 billion in 2014, and that bet finally seems to be paying off, as the social media giant has the pole position in VR headsets.

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