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Why Facebook Stock Popped This Afternoon

Why Facebook Stock Popped This Afternoon

Facebook (NASDAQ: FB) stock took off Thursday afternoon, rising 3.6% as of 3:10 p.m. EDT after the company made a big announcement that up till now had only been rumored. Pretty soon, Facebook won't be "Facebook" anymore. The metaverse will feel like a hybrid of today's online social experiences, sometimes expanded into three dimensions or projected into the physical world.