<p><strong><span class="legendSpanClass">MENLO PARK</span></strong> &#8212; Meta Platforms &#8212; parent company of Facebook, Instagram and Whatsapp &#8212; announced that its Class A common stock will begin trading on NASDAQ under the ticker symbol &#8216;META&#8217; prior to market open on June 9, 2022.</p>
<p>This will replace the company&#8217;s current ticker symbol &#8216;FB&#8217;, which has been used since its initial public offering in 2012. The new ticker symbol aligns with the company&#8217;s rebranding from Facebook to Meta, announced on October 28, 2021.</p>
<p>CEO Mark Zuckerberg rebranded the company to focus on the metaverse, which he believes will be a prominent platform of the future Internet.</p>
<p>The move to change its stock symbol took over eight months to complete. It&#8217;s rare for such a large company to change its name and stock symbol. Meta was the eight-highest stock based on market capitalization with a value of $516 billion. The stock was down Friday 4% and down 43% for the year.</p>

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