METAD Stock Price and Chart — BCBA:METAD

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Key facts today

Meta Platforms (META) stock rose 195% in five years, now at $720.98. In six months, it gained 17.1%, outperforming the S&P 500 by 10.2%. EBITDA margin is 59.9%.

Meta Platforms is making significant investments in artificial intelligence, actively attracting talent and pursuing aggressive strategies to enhance its competitive position in the AI sector.

Meta Platforms has acquired a nearly 3% stake in EssilorLuxottica for about $3.5 billion to boost AI glasses development, aiming to increase its stake to 5% and expand production.

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About Meta Platforms

Meta Platforms, Inc. engages in the development of social media applications. It builds technology that helps people connect and share, find communities, and grow businesses. It operates through the Family of Apps (FoA) and Reality Labs (RL) segments. The FoA segment consists of Facebook, Instagram, Messenger, WhatsApp, and other services. The RL segment includes augmented, mixed and virtual reality related consumer hardware, software, and content. The company was founded by Mark Elliot Zuckerberg, Dustin Moskovitz, Chris R. Hughes, Andrew McCollum, and Eduardo P. Saverin on February 4, 2004, and is headquartered in Menlo Park, CA.

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