After shedding about 50% over the last six months, the Meta Platforms stock (FB) has surged by 1.5% signaling a possible end to the long bear market.
To help stock investors interested in investing in Meta Platforms, Invezz has created a brief article on what it is and where to buy it.
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Meta Platforms stock is the stock of Meta Platforms, Inc., formerly known as Facebook, and it is listed on the NASDAQ Stock Exchange under the symbol NASDAQ: FB.
Meta Platforms, Inc., is a technology company based in Menlo Park, California, US. Though it has its headquarters in the US, it is a multinational technology conglomerate that operates several popular social media platforms used by billions of people around the world.
Meta is the parent company of WhatsApp, Facebook, and Instagram, among others.
If you want to invest in a stock that has seen a considerable price drop, then Meta stock (FB) could be a good choice.
However, besides today’s price surge there are concerns after Meta’s disappointing Q4 2021 report and declining daily users which analysts fear could result in a further decline with no bottom in sight.
The Meta platform stock has been on the decline for a very long time and analysts believe today’s price gain is a sign that the bear market has come to an end. As a result, the majority of investors expect the stock to try and reclaim the $200 level before the end of March.
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