FB • NASDAQ
Meta Platforms Inc
$333.12
After Hours:
$333.40
(0.084%)+0.28
Closed: Nov 26, 4:58:47 PM GMT-5 · USD · NASDAQ · Disclaimer
StockUS listed security
Previous close
$341.06
Day range
$331.90 - $337.75
Year range
$244.61 - $384.33
Market cap
926.66B USD
Volume
24.92M
P/E ratio
23.81
Dividend yield
-
Primary exchange
NASDAQ
In the news
Financial performance
(USD)Sep 2021Year/year change
Revenue
29.01B35.12%
Net income
9.19B17.18%
Diluted EPS3.2218.82%
Net profit margin31.69%-13.27%
Operating income10.42B29.64%
Net change in cash-1.71B82.20%
Cash on hand14.50B24.78%
Cost of revenue5.77B37.60%
About
Meta Platforms, Inc., doing business as Meta and formerly known as Facebook, Inc., is a multinational technology conglomerate based in Menlo Park, California. The company is the parent organization of Facebook, Instagram, and WhatsApp, among other subsidiaries. Meta is one of the world's most valuable companies and is considered one of the Big Tech companies in U.S. information technology, alongside Amazon, Alphabet, Apple, and Microsoft. The company generates a substantial share of its revenue from the sale of advertisement placements to marketers. Meta offers other products and services, including Facebook, Messenger, Facebook Watch, and Facebook Portal. It has also acquired Oculus, Giphy and Mapillary, and has a 9.99% stake in Jio Platforms. In October 2021, media outlets reported that the parent company of Facebook planned to change its name to "reflect its focus on building the metaverse"; it was rebranded as Meta later that month on October 28. The word "meta" comes from the Greek language and means "beyond", indicating the futuristic motive. Wikipedia
Founded
Feb 2004
Employees
68,177
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