On June 9th, the parent company of Facebook and Instagram will change its stock ticker to META
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On June 9th, the parent company of Facebook and Instagram will change its stock ticker to META

People still think of Meta as the home of Facebook, WhatsApp, and Instagram for the time being, but the idea is to make it much more than that. Changing the company’s name hasn’t convinced all investors of Mark Zuckerberg’s goal. Their patience is especially short given the combination of “headwinds” (competitors, regulators, and a pandemic-stricken economy) that firm executives mention when discussing numerous difficulties that limit its user growth and profitability.