Nick Clegg casts doubt on Facebook’s Meta relaunch in bizarre video

Individually, shares in a Canadian supplies firm surged after hasty traders apparently puzzled it with Mr Zuckerberg’s freshly rebranded Meta.

Meta Resources, which is shown on New York’s Nasdaq, soared by pretty much a quarter in after-hrs buying and selling on Thursday in advance of providing up most of these gains.

The firm specialises in “smart materials” and photonics, the science of gentle waves that powers almost everything from barcode scanners to smartphones and broadband cables. 

It has now obtained recognition as a so-identified as “meme” stock among the retail traders applying Reddit and social media to talk about buying and selling.

It is just the newest situation of mistaken id as traders hurry to pile into technologies shares.

Traders sent shares in one more Canadian firm, Zoom Systems, soaring by 80pc when they seemingly mistook it for video clip conferencing firm Zoom Online video Communications two yrs ago.

They also piled into Signal Progress, sending the Texas-based health care technologies firm’s shares rocketing a lot more than 500pc increased, after Tesla manager Elon Musk tweeted the words “use Signal”. He was referring to the protected messaging app Signal, run by the not-for-gain Signal Technology Basis. 

In a nod to the obvious confusion with Fb, George Palikaras, main govt of Meta Resources, tweeted: