‘Meta stock’ searches skyrocket 455% after the announcement of Threads
New data has revealed that worldwide searches for ‘Meta stock’ have skyrocketed by 455% since the announcement of Threads, a text-based conversation app that directly challenges Twitter.
- Google searches for ‘Meta stock’ have increased by 455% after the announcement of Threads.
- The surge occurred within 24 hours of the announcement of the text-based conversation app on 4th July 2023.
- According to Zuckerberg, Threads received 5 million sign-ups within the first four hours of its launch.
The study, conducted by us, analyzed worldwide Google search data within 24 hours of the announcement on 4th July 2023.
Threads – described by Meta as the first platform “envisioned to be compatible with an open social networking protocol” in a “new era of diverse and interconnected networks” – has a similar aesthetic and function to Twitter.
The announcement of the app follows recent controversy surrounding Twitter; Elon Musk outraged the user base by limiting the number of Tweets users can view daily on 1st July 2023.
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Filippo Ucchino
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Filippo is the co-founder and CEO of InvestinGoal.com. He has 15 years of experience in the financial sector and forex in particular. He started his career as a forex trader in 2005 and then became interested in the whole fintech and crypto sector.
Over this time, he has developed an almost scientific approach to the analysis of brokers, their services, and offerings. In addition, he is an expert in Compliance and Security Policies for consumers protection in this sector.
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‘Meta stock’ searches skyrocket 455% after the announcement of Threads
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