Why Is Meta Stock Jumping Today? Metaverse Division Faces 30% Budget Cut
Meta stock gained 4% following reports that the company will scale back metaverse spending by as much as 30%, prompting investor optimism.
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BTC$62,652.00+2.12%
ETH$1,757.50+3.22%
USDT$0.9991+0.04%
USDC$0.9999+0.01%
XRP$1.15+4.93%
SOL$83.72+3.90%
TRX$0.3236+2.08%
FIGR_HELOC$1.01-2.89%
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DOGE$0.0777+4.32%
RAIN$0.0155-0.35%
USDS$0.9997+0.01%
LEO$9.16+0.40%
ZEC$463.61+8.37%
XLM$0.208+5.11%
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Meta stock gained 4% following reports that the company will scale back metaverse spending by as much as 30%, prompting investor optimism.
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