NASDAQ:META   Meta Platforms
The quarantine, which was introduced in almost every country in the world, helped Facebook stocks reach their highest levels in the month of September. But after the start of the new business year, the shares did a small pullback and strengthened approximately in the same price range. Remote work is fueling the company's stock. At the moment, lock down has been introduced in many countries and there are also concerns about new outbreaks of the disease. Although vaccination has begun in many countries, statistics show that the number of patients is growing. This situation can extend the quarantine period and force the removal process to continue as well. The activity of social networks at such a time increases significantly and brings more profit to companies, which stimulates stocks to grow.
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