Meta, the parent company of Facebook, announced on Tuesday that will change its stock code to "meta" before the opening of the stock market on June 9, replacing the currently used "FB" Meta said that the shareholders of the company do not need to take any action on the change of stock code Since the initial public offering (IPO) was launched in 2012, Facebook has been using the stock code "FB"**
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In October last year, Facebook changed its name to meta, saying it was part of its ambition to expand beyond social media. Meta CEO markzuckerberg is particularly interested in building the meta universe. Metauniverse is a science fiction term that refers to working and playing games in a virtual world.
At that time, meta said it would change its stock code to "mvrs" from December 1. However, in late November, meta announced that it would postpone this adjustment to the first quarter of 2022. Since then, Roundhill investments, an investment company, announced that it would give up using the "meta" code in its Roundhill ball metaverse ETF, apparently to meta.