Meta Platforms Inc

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Meta Platforms Inc (FB2A) Price Performance

Meta Platforms Inc (FB2A) trades on XETRA (Frankfurt) in EUR. The company is classified in the Communication Services sector under the Internet Content & Information industry. The stock currently trades at EUR515.00, down 4.15% from the previous close.

Over the past year, FB2A has traded between a low of EUR431.23 and a high of EUR682.38. The stock has lost 10.9% over this period. It is currently 24.5% below its 52-week high.

Meta Platforms Inc has a market capitalization of $1.30T, with a price-to-earnings ratio of 20.89 and a dividend yield of 35.00%.

About Meta Platforms Inc

Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality and mixed reality headsets, augmented reality, and wearables worldwide. It operates through two segments, Family of Apps (FoA) and Reality Labs (RL). The FoA segment offers Facebook, which enables people to build community through feed, reels, stories, groups, marketplace, and other; Instagram that brings people closer through instagram feed, stories, reels, live, and messaging; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; Threads, an application for text-based updates and public conversations; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact in a private way. The RL segment provides virtual, augmented, and mixed reality related products comprising consumer hardware, software, and content that help people feel connected, anytime, and anywhere. The company was formerly known as Facebook, Inc. and changed its name to Meta Platforms, Inc. in October 2021. The company was incorporated in 2004 and is headquartered in Menlo Park, California.