Social media service Facebook will be available in the virtual world as metaverse, where users can join and intermingle with each other as any image or character like real world, maybe even some things will meet together.
If Facebook do this, maybe, Facebook’s stock price will be up in the near future. This not a sure notice but we can predict it if other things are OK in this global social media brand.
The metaverse technology in the Facebook will reduce the gap between the virtual and the real world, which will be possible with the help of augmented and virtual reality technology.
Even before the announcement of Facebook, many people are giving new names to Facebook. However, most of these proposals have been made by the rival platform Twitter.
Current price of the stock is nearly 325 USD. And the range of day is: 321.11 USD-329.59 USD. Furthermore it’s 52 Week Range is 244.61 USD – 384.33 USD.
PE Ratio (TTM) 24.11 and EPS (TTM) 13.47.
Read: Tesla, a Trillion Dollar Brand.
Keep in mind that, metaverse will be a complicated thing which will face some challenges too. So, buying its share will be a tough decision or a easy decision for an investor.