Meta Platform 's new subscription service could boost profitability at the Facebook parent, leading to further upside for the stock — and that could help keep us a long-term shareholders. Meta CEO Mark Zuckerberg on Sunday announced the company is launching a paid verification subscription service for its Facebook and Instagram platforms.
Shares of Meta, which have climbed more than 43% year-to-date, were trading down around 0.3% Tuesday afternoon, at roughly $172.41 apiece. The Club take Zuckerberg has "completely changed the narrative from plotting [the] money-losing metaverse to being a company that may even have subscription revenue," Jim Cramer said Tuesday. "I have no desire to sell the stock," he added.
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