The post 3 Metaverse Stocks Showing Growth, Should You Buy Them in 2024? appeared on BitcoinEthereumNews.com.

The concept of metaverse has been around for decades but people are nowadays engaging with this computing technology. The tech companies began to pour truly substantial financial and engineering resources into it. Three metaverse stocks that are worthy portfolio candidates, as discussed below Unity Software Inc (NYSE: U) Unity provides an immersive experience. It also provides training and guidance conducted in augmented reality (AR), which can reduce errors and improve knowledge transfer.  Unity Software Inc. is an American video game software development company based in San Francisco. It was founded in 2004 and changed its name in 2007. Unity is a licensed game engine used to create video games and other applications. As per Google Finance, the stock has a previous close at $42.69. The market cap is $15.54B. The average volume is 11.42 M. It shows a revenue of $544.21 Million, which is up by 68.55%. It has a net income of -$124.07 M, which is up by 50.38%. The net profit margin is -22.80, which is up by 70.55%. The data shows that the earnings per share is 0.32 and it is up by 325.43%. Unity admitted that the new fees created friction with customers, but the company also indicated that new fees to have a minimal benefit in 2024 and the rise will be there as customers adopt new releases. Meta Platforms Inc (NASDAQ: META) Meta Platforms Inc (Meta), formerly known as Facebook Inc, provides social networking, advertising, and also business insight solutions. It facilitated people to connect with family and friends through their major products like Facebook, Instagram, and WhatsApp. The company has poured Billions of dollars each quarter into developing metaverse through the Meta Quest AR/VR headsets. As per Google Finance, it has a previous close at $358.32. It has a market cap of 909.63B…

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Filed under: News - @ December 30, 2023 3:12 pm