Facebook's ticker symbol is FB, a simple and recognizable abbreviation that's synonymous with the social media giant.
The ticker symbol is used on stock exchanges to identify Facebook's stock, making it easy for investors to track the company's performance.
In 2012, Facebook went public and started trading on the NASDAQ stock exchange under the ticker symbol FB.
This marked a significant milestone in the company's history, allowing it to raise capital and expand its reach.
For another approach, see: Sentinel One Stock Symbol
Facebook Stock Ticker Changes
Facebook's stock ticker symbol has undergone a significant change. The company is now trading under the ticker symbol "META".
The change was announced in October 2021, and it became effective on June 9, 2022. The company's previous ticker symbol, "FB", was used since its initial public offering (IPO) in 2012.
Initially, Meta Platforms planned to use the ticker symbol "MVRS", but this was delayed and eventually scrapped.
The new ticker symbol "META" is a reflection of the company's pivot to the metaverse, a virtual world where users work, socialize, and play.
Explore further: Meta Company
Meta Platforms is well-positioned in the metaverse with its Oculus VR headset subsidiary, which it purchased in 2014 for $2 billion.
Here are the key dates related to the ticker symbol change:
- October 28, 2021: Meta Platforms announces its name change to Meta
- December 1, 2021: Planned ticker symbol change to "MVRS" (delayed and eventually scrapped)
- June 9, 2022: Ticker symbol change to "META" becomes effective
Frequently Asked Questions
Can I buy stock on Facebook?
You can't buy Meta stock directly from Meta, but you can purchase it through a brokerage account using the symbol "META". To get started, add funds to your account and search for the stock within your brokerage's platform.
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