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Metaverse stocks are publicly traded companies that are investing in Metaverse technology. Metaverse is a virtual world created by Metaverse companies, where users can interact with one another. Any company can create a metaverse and users can access the virtual world through virtual reality (VR) and augmented reality (AR).
Metaverse became widely known and popular after Facebook changed its company name to Meta and invested billions in the technology. Mega-cap companies like Microsoft, Nvidia, Google, and Qualcomm have also announced plans to invest heavily in the Metaverse.