U.S. Markets closed
  • S&P 500

    3,901.36
    +0.57 (+0.01%)
     
  • Dow 30

    31,261.90
    +8.77 (+0.03%)
     
  • Nasdaq

    11,354.62
    -33.88 (-0.30%)
     
  • Russell 2000

    1,773.27
    -2.96 (-0.17%)
     
  • Crude Oil

    110.35
    +0.46 (+0.42%)
     
  • Gold

    1,845.10
    +3.90 (+0.21%)
     
  • Silver

    21.87
    -0.03 (-0.13%)
     
  • EUR/USD

    1.0562
    -0.0026 (-0.2429%)
     
  • 10-Yr Bond

    2.7870
    -0.0680 (-2.38%)
     
  • Vix

    29.43
    +0.08 (+0.27%)
     
  • GBP/USD

    1.2495
    +0.0020 (+0.1587%)
     
  • USD/JPY

    127.8500
    +0.0560 (+0.0438%)
     
  • BTC-USD

    29,583.83
    -78.58 (-0.26%)
     
  • CMC Crypto 200

    650.34
    -23.03 (-3.42%)
     
  • FTSE 100

    7,389.98
    +87.24 (+1.19%)
     
  • Nikkei 225

    26,739.03
    +336.19 (+1.27%)
     

Why Meta Platforms Stock Popped Today

·1 min read
Why Meta Platforms Stock Popped Today
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

As CEO Mark Zuckerberg announced on Facebook today, Meta Platforms is testing out a new "subscriptions on Instagram" service that will permit popular creators on the site to profit from their hundreds of thousands of followers by selling "access to exclusive Lives and Stories." More importantly for investors, selling subscriptions on Instagram will give Meta yet another revenue stream as it takes a cut of these folks' subscription earnings. Not coincidentally, creating a new path to growth for Meta Platforms could be just the thing to turn Meta stock into a bona fide bargain stock.