Meta Stocks Soar: Venus Concept Deal Drives 2.16% Gain!
Friday, Jun 6, 2025 10:04 am ET1min read
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VERO--
Meta Platforms, Inc. rose 2.16% in intraday trading. The company's stock price increase may be attributed to the news that Venus Concept Inc.VERO-- has agreed to sell its hair business to MetaMETA--, which could potentially expand Meta's product portfolio and diversify its revenue streams. Additionally, the company's focus on online social networking services and virtual and augmented reality products, software, and devices, as well as its significant user base, may also contribute to the positive sentiment surrounding the stock.
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