![]() ![]() The company said in a press release earlier on Thursday that it will be represented in an online panel next week alongside Facebook Reality Labs to discuss the future of augmented reality eyewear. Meta Materials, which makes technology used for things like “transparently blocking a specific color of light, or invisibly heating a window in a car,” according to its website, does have something in common with Facebook. That was on top of a 4.8 percent gain the company saw in midday trading.īy Friday morning, shares of Meta - which is headquartered in Dartmouth, Nova Scotia, about 3,800 miles from Silicon Valley - had pared back from its high and were trading almost 5 percent higher in premarket hours. Shares of Meta Materials, a Canadian material science company, soared on Thursday after traders piled into the stock, apparently confusing it with Facebook. That didn’t stop jumpy traders from sending shares of Meta Materials, which trades under the ticker symbol “MMAT,” up as much as 25 percent at one point in after-hours trading on Thursday evening. Shares of Meta Materials, a Canadian material science company, soared on Thursday after traders piled into the stock, apparently confusing it with Facebook after the social media company announced it was changing its name to “Meta.”įacebook revealed its new corporate name Thursday afternoon after weeks of negative headlines, rebranding the owner of Facebook, Instagram and WhatsApp as “Meta” in a nod to CEO Mark Zuckerberg’s vision of a virtual reality metaverse.įacebook said its stock will begin trading under the ticker “MVRS” instead of “FB” on Dec. Tupperware stock surges nearly 50% after debt restructuring deal Why political gridlock is gold - and what that means for stocks in 2024Ĭarl Icahn’s firm slashes dividend by 50% after Hindenburg’s ‘Ponzi’ claim San Francisco 49ers CEO Jed York sued for insider trading after selling $1.4M of shares ![]()
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