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Facebook Becomes Meta: 5 Mega Billion-Dollar Companies That Have Changed Their Names
By The Smart Investor  •  November 1, 2021
Facebook (NASDAQ: FB) is renaming itself to Meta. The company’s founder and CEO Mark Zuckerberg said that its new name will reflect the social network’s ambition to bring the metaverse, a new immersive platform, to life. Along with the name change, Facebook will no longer trade under the ticker symbol “FB” — it will change to “MVRS” from December onwards. To be sure, the social media firm is not the first major company to change its name. More importantly, name changes can often mean more than just a different logo and a new calling card. Making the leap  Throughout my 16 years of investing, I have encountered multiple billion-dollar companies that have made the same move, many of which I personally own. Some name changes are subtle. For instance, in 2016, MasterCard changed its name to a Mastercard, a minor tweak in swapping the capital “C” for a lowercase “c”....
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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