Meta Slips 2% After Zuckerberg Unveils $1,299 VR Glasses and Muse Charm
Updated
Updated · CNBC · Sep 24
Meta Slips 2% After Zuckerberg Unveils $1,299 VR Glasses and Muse Charm
3 articles · Updated · CNBC · Sep 24
Summary
Meta fell 2% in premarket trading after Mark Zuckerberg introduced $1,299 Meta VR Glasses and Muse Charm, a handheld device designed to work with the company’s Muse AI agent.
The pullback followed a sharp run-up: Meta shares had already climbed nearly 12% this week on investor optimism around Muse, leaving the stock vulnerable to profit-taking after the product event.
The move stood out in a mixed premarket session that also saw MGM Resorts drop more than 9% after a takeover proposal was withdrawn, while BlackBerry gained 2% on earnings.
The reaction suggests investors are still weighing whether Meta’s latest hardware push can extend enthusiasm for Muse into durable revenue and margin gains.