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Benzinga
Benzinga
Business
Anusuya Lahiri

Meta Stock Hits New High As Threads Rockets Past 400 Million Users

Threads Adam Mosseri Instagram Meta Twitter Inc.
Threads,Icon,Mobile,App,On,A,Screen,Smartphone,Iphone,Closeup.

Meta Platforms Inc.’s (NASDAQ:META) Threads has surpassed 400 million monthly active users, just two years after launching as a rival to Twitter (now X), Instagram’s Adam Mosseri announced on Tuesday. The company’s stock price crossed the 52-week high of $784.75 on Tuesday after the update.

META is testing upper boundaries. See the complete data here.

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