Metauniverse stocks slid in premarket trading, with Block and Roblox falling over6%.
In Meta’s financial result ,it disclosed the data of FRL department including metauniverse strategy for the first time. The company expected that the investment in metauniverse will reduce the operating profit by about US $10 billion in 2021, and FRL will not make a profit in the short term.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments