3/19/2024 0 Comments Instagram stock symbolThis could be difficult for new investors who are just starting out on the stock market. So while you are getting a lot of coverage in the market, you have to put down more money upfront to get your foot in the door. While there is no Instagram ticker symbol, as the company is not publicly traded, you can invest in Facebook (Meta) stock NASDAQ: FB.īuying parent stock has both advantages and disadvantages.įor advantages, investing in a parent company usually gives you broader coverage over some sectors.įor example, when you buy Facebook shares, you’re getting a stake in Instagram as well as other subsidiaries that Facebook holds.Īs far as disadvantages go, parent companies that own a lot of subsidiaries like Facebook tend to have high share prices. Interested in buying stock in Facebook so you can own a piece of Instagram too?Ĭheck out Webull, a zero-commission brokerage where you can get 2 free stocks just for joining. Once you have your account funded, you can simply search for Facebook’s stock symbol, FB, and you can buy as many shares as you want. Most online brokerages nowadays do not have an investment minimum or minimum deposit, though some might. Once you create an account, you have to connect a bank account and fund your brokerage account. Some popular online brokerages include Robinhood, WeBull, M1 Finance, and TD Ameritrade, among others. There are hundreds of investment apps you can download and use. Since it is owned by Facebook, the company is not expected to go public.įacebook had its IPO in March of 2012 and it is currently one of the most active ticker symbols on the market each day.įirst, you need to open a brokerage account. There is no scheduled Instagram IPO date in 2024. The upshot of Facebook owning Instagram is that you’re also buying into several other well-known tech brands such as Facebook Messenger, WhatsApp, Oculus, and more.įacebook is always buying up smaller tech startups, so FB shareholders always have some new line of tech innovation to improve their stock portfolios. Instagram’s revenue contributes 37% to Facebook’s revenue. Instagram earned an estimated $24 billion last year. What Is Instagram Worth?įacebook decided Instagram’s worth in 2012 when it purchased the company.Īt that time, it was valued at over $1 billion.Īs the userbase, content contributions, and brand value all increase, the company’s worth does as well. With its hands in so many markets, it’s clear why so many investors see the company as a good investment. These are just some of the companies owned by the social network platform. Unlike Instagram, Facebook had an initial public offering (IPO) in May 2012.Īside from Instagram, the social media company Facebook also owns many other subsidiaries, including: The company was founded by Mark Zuckerberg in 2004, who remains its CEO today. Now known as Meta Platforms Inc, Facebook is a popular social media platform where users post statuses, upload pictures, and videos, as well as share messages (through Facebook Messenger).įacebook changed its name to Meta Platforms Inc in late 2021. The social media company Facebook (Meta) owns Instagram.įacebook purchased Instagram in 2012 for about $1 billion in cash and company shares. With so many excellent features geared toward everyday people and businesses, it’s no surprise that the platform attracts over a billion users. Instagram Stories – Instagram stories let users record stories that remain on the platform for only 24 hours after posting, similar to Snapchat. Instagram TV (IGTV) – IGTV allows Instagram users to create video content that is up to an hour long that can be flipped through like channels, similar to traditional television. Instagram Live Video – This feature creates a live stream for viewers to interact with content creators through real-time streaming that does not fit within the 60-second constraints of regular videos. Video – The video feature allows Instagram users to create 60-second clips with followers (similar to TikTok), and businesses to create advertisements. Photos and Filters – Many Instagram users are drawn to the app through its photos and filter features that allow them to transform everyday snapshots into professional-grade images. In case you have been living under a rock for the last decade, the Instagram app is a social media platform that allows its 1.3 billion users to interact with followers through media sharing.įounded in 2010, Instagram is a video and photo-sharing app that allows users to take photos, apply filters, and share them with friends on social media.
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