Meta Platforms Inc.


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Meta Platforms Inc. Market Capitalization on May 17, 2024: USD 1.20 T

Meta Platforms Inc. Market Capitalization is USD 1.20 T on May 17, 2024, a 85.27% change year over year. Market capitalization is a financial metric that represents the total value of a publicly traded company. It is calculated by multiplying the current share price of a company by the total number of outstanding shares. Market capitalization is used to assess the size and relative value of a company in the stock market. It provides investors with an idea of the company's overall worth and is often used as a basis for comparing companies within the same industry or sector. A higher market capitalization generally indicates a larger, more established company.
  • Meta Platforms Inc. 52-week high Market Capitalization is USD 1.34 T on April 05, 2024, which is 12.31% above the current Market Capitalization.
  • Meta Platforms Inc. 52-week low Market Capitalization is USD 642.93 B on May 19, 2023, which is -46.29% below the current Market Capitalization.
  • Meta Platforms Inc. average Market Capitalization for the last 52 weeks is USD 941.95 B.

Meta Platforms Inc.

CEO Mr. Mark Elliot Zuckerberg
IPO Date May 18, 2012
Location United States
Headquarters 1601 Willow Road, Menlo Park, CA, United States, 94025
Employees 69,329
Sector Communication Services
Industry Internet content & information

Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately. The Reality Labs segment provides augmented and virtual reality related products comprising consumer hardware, software, and content that help people feel connected, anytime, and anywhere. The company was formerly known as Facebook, Inc. and changed its name to Meta Platforms, Inc. in October 2021. The company was incorporated in 2004 and is headquartered in Menlo Park, California

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StockViz Staff

May 20, 2024

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