Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Pathikrit Bose

BIZARRE: The metaverse stock outperforming meta platforms - You Need To See This

Mark Zuckerberg-owned Meta Platforms (META) has been hogging the limelight in recent times when it comes to all things metaverse. Although the tech mogul has lost tens of billions of dollars so far on this endeavor, he remains convinced of its prospects, telling analysts, “This is the direction that the world is going in,” during Meta's second-quarter earnings call. 

And after a brutal year in 2022, META is performing much better in 2023. The stock is up 138% year-to-date, absolutely crushing the broader equities market.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.