What News Is Meta Stock Reacting To Today

  • Meta Platforms, Inc META stock is up Thursday as CEO Mark Zuckerberg launched Meta Quest 3
  • The session volume reached close to the 100-day average volume of 7.8 million.
  • Zuckerberg promised the successor to Meta's Quest 2 headset this fall.
  • Starting at $499, Quest 3 comes with the next-generation Qualcomm Inc QCOM chipset. 
  • Zuckerberg assured to divulge details during its Connect conference on September 27.
  • It appears to have at least three cameras on the front, to help see the natural world around them while wearing the headset and interacting with apps, CNBC reports.
  • Meta's announcement comes just before Apple Inc AAPL looks to showcase its mixed reality headset product, Reality Pro, with price points in the ~$3k range at its annual WWDC in Cupertino next week.
  • In March, Meta slashed the price of Quest Pro to fend off competition from Apple's upcoming MR headset launch
  • Price Action: Meta shares traded higher by 1.62% at $269.00 on the last check Thursday.
  • Photo via Wikimedia Commons
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!