Verb Technology nasdaq Verb Stock Skyrockets on Meta Collaboration

Verb Technology (NASDAQ: VERB) Stock Skyrockets on Meta Collaboration

Verb Technology Company (NASDAQ: VERB) stock soared over 200% on Friday following its collaboration with Meta to enable integrated shopping.

Verb Technology (VERB), the creator of the livestream social shopping platform, has announced a new integration with Meta Platforms (NASDAQ: META). This partnership will facilitate seamless in-app shopping on Facebook and Instagram, empowering users to buy products from vendors without exiting the apps.

The integration will offer a native shopping cart and checkout process directly into Facebook and Instagram, simplifying the buying process for users within these social platforms. This move will broaden the reach of vendors by tapping into the vast user communities of Facebook and Instagram.

Rory J. Cutaia, CEO of VERB, emphasized the importance of this development, stating:

“This expansion with Meta underscores’s commitment to providing a seamless, interactive video-based shopping experience across multiple social platforms.”

He expressed confidence in this strategic initiative, considering it a significant milestone for He also hinted at forthcoming innovations and partnerships as the company continues to evolve the social shopping experience.

Verb Technology (NASDAQ: VERB) Stock Reaction

VERB stock shot up 211.41% to close at $0.44 on Friday. The traders had exchanged hands with 538,459,684 (538.45 million) shares compared to the average daily trading volume of 1.04 million.