|Bid||5,155.50 x 0|
|Ask||5,175.00 x 0|
|Day's Range||5,172.50 - 5,172.50|
|52 Week Range||5,172.50 - 5,172.50|
|Beta (5Y Monthly)||1.39|
|PE Ratio (TTM)||10,575.76|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
You can also temporarily deactivate your Facebook account
Technology stocks, almost by definition, are disrupting the way things get done. Meta Platforms (NASDAQ: META) wants to move far beyond Facebook and Instagram as ways in which hundreds of millions of people interact with one another; it is intent on building a world in which we socialize, work, and play virtually. Meta Platforms is an early adopter of the concept and spent some $10 billion last year to start building it, working to develop the world's fastest supercomputer to assist in facilitating the virtual world.
A potential silver lining could be that the sell-off creates opportunities to buy excellent businesses at bargain prices. Airbnb (NASDAQ: ABNB) and Meta Platforms (NASDAQ: META) are great examples. The worldwide travel facilitator was devastated at the pandemic's onset.