Reddit to Release New Products Aimed at Site's ‘User Economy' [Yahoo! Finance Canada]
Meta Platforms, Inc. - Class A (META)
Company Research
Source: Yahoo! Finance Canada
Chief Executive Officer Steve Huffman said Thursday at the Bloomberg Technology Summit. Most Read from Bloomberg The 19-year-old company, which beat expectations for sales earlier this week in its first earnings report as a public company, plans to expand its revenue streams outside of advertising into what Huffman calls the “user economy” — users making money from others on the platform. ADVERTISEMENT People on Reddit can currently make money from subscriptions, digital gifts and collectibles such as avatars. Redditors also sell physical goods and services on some of the site's forums. Other social media companies have built marketplaces for selling and buying goods, including Meta Platforms Inc., which owns Facebook Marketplace and local neighborhood app Nextdoor, which Reddit considers competitors. In the coming months Reddit plans to launch new versions of awards, which are digital gifts users can give to each other, along with other products. While marketplaces can be
Show less
Read more
Impact Snapshot
Event Time:
META
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
META alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
META alerts
High impacting Meta Platforms, Inc. - Class A news events
Weekly update
A roundup of the hottest topics
META
News
- LINSY Celebrates 17 Years of Excellence with "BETTER, TOGETHER!" Campaign [Yahoo! Finance]Yahoo! Finance
- Explainer: what is live shopping? [Yahoo! Finance]Yahoo! Finance
- NCR Voyix Unveils Aloha Pay-At-Table, Powered by sunday, to Simplify the Restaurant Payments Process [Yahoo! Finance]Yahoo! Finance
- Modi Guns for Former Ally's Turf With Royal and Tribal Support [BNN Bloomberg (Canada)]BNN Bloomberg
- ‘I Want That Sweet Baby': AI-Generated Kids Draw Predators On TikTok And Instagram [Forbes]Forbes
META
Earnings
- 2/1/24 - Beat
META
Sec Filings
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- META's page on the SEC website