Facebook changed the company name to Meta last October 2021, and the company focused on everything in the virtual world regarding this, and it did not look back ever since. Alongside this change is a revision to its stock ticker that previously reflected the initials "FB" on its listing, but that would soon change to "META" as well.
Facebook's Stock Ticker is Officially Changing to 'META'
A press release from Meta's Investor Relations announced that the company is officially changing its stock ticker name from "FB" to "META," and it will carry the company's name for all listings. The paperwork regarding this name change is already under filing for the many stages it will undergo, and it will complete its transition to the new company name.
The change will take effect by June 9, and it is unsure if this will change the stock ratings of the company once it happens by next week. Another name change is happening from within the company, particularly with its NASDAQ listing that will take on different initials with "MRVS," which signifies the "metaverse" for the company.
Good Bye 'FB,' Hello 'META'
A filing by Meta made an official entry to the Securities and Exchanges Commission (SEC) to make the transition formal for the company. After more than a decade of carrying the "FB" listing for its stock ticker, it is focusing on a new beginning with "META" that will hold the entirety of the company in many factors and elements that it would affect.
Meta Name Change
The world got surprised when Facebook first changed its name to "Meta," as related to its ventures that would focus on the virtual world that it is trying to bring to the world. There were many issues that Facebook had during the time, and the name change of the company could not go at a better time as it gave the company a different face for all.
Now, the company embodies the name "Meta" in everything they do, and Mark Zuckerberg is one to focus on its new name, with Facebook still using its title for its social media platform. Only the company name changed, the top management where Zuckerberg and other executives have stakes over, but the social media is still the world-famous Facebook.
The company is affirming its name change now, and it is via the stock ticker that will represent its name in different markets and listings, focusing on NASDAQ and other stock exchanges in the world. Meta is a universal name, said its CEO and founder, and it seems that it will be using it universally as the company plans for its operations.
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Written by Isaiah Richard
