Oculus Rift acquisition triggers Facebook stock dip

Thursday, 27 March 2014 05:01 GMT By Brenna Hillier

Oculus Rift and Facebook seem very happy with each other, but the $2 billion acquisition hasn’t gone down well with investors.

GameInformer reports Facebook’s stock fell 7% to close at $60.38 following the announcement yesterday, despite the social network’s conference call with investors.

In other stock news related to the acquisition, Kotaku reports stocks in companies with the word “Oculus” in their name have seen prices surge as baffled investors throw their money at what they imagine is the (privately held) VR tech’s stock before the deal closes in three days.