Meta Platforms to Ditch FB Ticker in Favor of META on June 9
Meta Platforms headquarters in Menlo Park, California.
Photographer: Nick Otto/BloombergThis article is for subscribers only.
Facebook parent company Meta Platforms Inc. will change its stock ticker to META ahead of the market opening on June 9, completing a rebranding that began with a new name last year.
The ticker arrives at a difficult time for the stock, which is down more than 40% this year -- hurt by a broader tech rout as well as concerns about slowing growth at the social media giant. Meta has traded under the ticker FB since the company’s initial public offering in 2012.