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Global stock markets have experienced significant volatility as a result of the coronavirus pandemic. This has had a big impact on stocks such as Facebook, which has seen its share price drop in 2020.
But while people around the world are adhering to social distancing and self-isolating policies, the value of social media is likely to remain high, including apps like WhatsApp, which is an American messaging service with around 1.5 billion users.
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|Industry||Internet Content & Information||Currency symbol||$|
|Type||Common Stock||Country ISO||US|
|Name||Meta Platforms Inc.||ISIN||N/A|
|Currency code||USD||Sector||Communication Services|
|Currency name||US Dollar||Full-time employees||77805|
Meta Platforms, Inc. develops products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, wearables, and in-home devices worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment's products include Facebook, which enables people to share, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, groups, and businesses across platforms and devices through chat, audio and video calls, and rooms; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately. The Reality Labs segment provides augmented and virtual reality related products comprising virtual reality 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. Meta Platforms, Inc. was incorporated in 2004 and is headquartered in Menlo Park, California.
Nearly 1 in 5 adults in Ireland say they receive stock trading advice.
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