4 Stocks That Could Already Be Winning From Facebook's Name Change To Meta
Here is a look at four companies that have ties to $Meta Platforms (FB.US)$ or announced metaverse plans since the company’s announcement.
Glasses company Ray-Ban, which is a unit of $ESSILORLUXOTTICA UNSPON ADR EACH REP 0.5 ORD SHS (ESLOY.US)$ has a partnership with Facebook that could get a boost with the company’s all-in push on the metaverse.Ray-Ban could end up having a bigger partnership with Facebook as originally expected by investors. The Facebook watch could launch next year and compete against $Apple (AAPL.US)$ and others.
One of the big movers Friday being propelled by the Facebook momentum was $WiMi Hologram Cloud (WIMI.US)$. The company filed a trademark application for the “WIMI METAVERSE,” according to a press release.
$Meta Platforms (FB.US)$ were up 19% Friday as the company got mentioned as a play on the metaverse and its connection with Facebook.The company entered a partnership with Facebook earlier this year to create the largest-ever dataset of 3D indoor spaces in collaboration with Facebook AI Research.
Another name to watch in the Facebook partnership space is small cap $eMagin (EMAN.US)$ Traders circulated an August article from OLED Info that highlighted a potential partnership between Facebook and eMagin for an augmented reality or virtual reality device.Given the hunt for augmented reality and virtual reality stocks, EMAN could be one to watch given the potential Oculus connection.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
kats_ : Meta universe may become mainstream in the next 5 to 10 years
FiveHundredCents OP kats_ : I think so too