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Facebook’s Plan to Monetize Instagram is an Opportunity Right Now

August 18, 2023
in Trade Tube
Reading Time: 1 min read
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Shares of Facebook have been under pressure in recent weeks, along with several other social media stocks. While Facebook’s recent purchase of Oculus VR was controversial, RealMoney Pro contributor Chris Versace says it’s important to keep in mind potential catalysts for Facebook, like its plans to monetize Instagram, which just passed 200 million monthly active users. Versace says the fact that Facebook’s shares have been weighed down in the last couple of weeks is an opportunity.

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