If you click on a link and make a purchase we may receive a small commission. Read our editorial policy.

Oculus Rift acquisition triggers Facebook stock dip

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.

Tagged With

Support VG247

You give us money, we give you an ad-free reading experience, merch discounts, a newsletter every month, and elite status amongst your friends.

See more information


More News

Latest Articles

VG247 logo

Buy our t-shirts, yeah

They're far more stylish than your average video game website tat.

VG247 Merch