Metaverse stocks have fallen flat in 2022 as the much-hyped concept has yet to take off. Meta Platforms (META 2.82%), the company most closely associated with the concept and which popularized the term, has seen its stock price plunge this year as it’s on track to lose around $13 billion on Reality Labs, its metaverse-focused division. Meta also has not had much success in consumer adoption of its metaverse tools, including Oculus headsets.
But Meta’s struggles don’t mean there’s no future for the concept, and companies big and small are working to build their own version of the metaverse. Here are two metaverse stocks worth owning for the long haul that aren’t named Meta Platforms.
Image source: Getty Images.
1. Microsoft: The metaverse for enterprise tech
If there’s a business-to-business opportunity in technology, you can bet that Microsoft (MSFT -1.74%) is going to be…
