Meta Platforms stock is up 1.1% due to company's reaffirmed commitment to virtual reality initiatives.

From Nasdaq: 2025-03-20 15:24:04

Meta Platforms (NASDAQ: META) stock is up 1.1% despite a bearish market. S&P 500 down 0.4%, Nasdaq Composite down 0.6%. Valuation rises as company reaffirms commitment to virtual reality (VR) initiatives.

Meta’s director of games indicates heavy commitment to VR at GDC. Meta funded over 100 VR games last year, funding 200 more in development. Monthly VR headset use up 30% annually. Global VR headset shipments fell 12% last year.

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Randi Zuckerberg, former Facebook director and Meta CEO’s sister, is on The Motley Fool’s board. The Motley Fool recommends Meta Platforms. No position in mentioned stocks. Disclosure policy in effect.



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