The Meta Platforms Inc. pavilion on the opening day of the World Financial Discussion board (WEF) in Davos, Switzerland, on Monday, Could 23, 2022.
Jason Alden | Bloomberg | Getty Photos
Meta is about to shed the final of its previous company title.
The Fb-parent firm announced Tuesday that it’ll change its inventory ticker image to “META” previous to the market open on June 9.
Meta rebranded from Fb in October, saying it was a part of its ambitions past social media. CEO Mark Zuckerberg has particularly been concerned with constructing out the metaverse, a sci-fi time period that entails working and enjoying in a digital world.
On the time, Meta stated it might change its inventory ticker to “MVRS,” efficient Dec. 1. In late November, the corporate stated it was delaying the change to the primary quarter of 2022.
Since then, Roundhill Investments, which used the “META” ticker for its Roundhill Ball Metaverse ETF, introduced it might relinquish that ticker symbol. That apparently freed it up for Meta to seize.
Meta stated that no motion by the corporate’s shareholders is required with respect to the ticker image change.