Some investment banks believed that the sales of Oculus VR headsets during the holiday shopping season were strong. On Monday, the stock price of Meta (the parent company of Facebook) rose 3.26%.
KeyBanc Capital Markets pointed out in the report that Oculus may be one of the popular gifts during Christmas. Where does the evidence come from? Check the Apple App Store and you will find that Oculus App’s ranking has risen, which foretells that Oculus is selling well during Christmas.
Analyst Justin Patterson (Justin Patterson) pointed out in the report that Oculus has become the top 5 entertainment program in 5 countries, and it has also entered the top 10 in the United States. Oculus has become the most popular program in the United States on Christmas Day.
Affected by the good news from all parties, Meta’s stock price rose 3.26% on Monday to reach 346.18 US dollars, which is the highest point since November, up 12% from the recent low, but 10% lower than the September high. Other technology stocks also performed well on Monday. Apple rose 2.3%, Microsoft rose 2.3%, Alphabet rose 0.7%, and Nvidia rose 4.4%.