Is there a stock price for WhatsApp? Every day, one hundred billion communications are sent. Yes, one hundred billion. Every day, that enormous amount of data passes through the WhatsApp superhighway. With figures like these, it’s no surprise that traders and investors alike want in on the action.
A fast Google search of the WhatsApp stock price, on the other hand, may leave you unsatisfied. Unfortunately, you won’t be able to purchase WhatsApp directly. But if you keep reading, I’ll show you how to invest in WhatsApp in a different way.
What Is WhatsApp and How Does It Work?
Let me fill you in if you’ve been living under a rock without access to a phone or the internet. WhatsApp offers cross-platform mobile messaging, as well as mobile communication and instant messaging. But the best thing is that WhatsApp is completely free!
You can send and receive text messages, make phone calls, and video calls from anywhere in the globe with a Wi-Fi connection. It’s not only free, but it’s also quite easy to use.
You only need to download the app, connect with your friends, and you’re ready to go. That’s why a WhatsApp stock price would be fantastic.
An Overview of the Past
WhatsApp was founded by two former Yahoo workers in 2009. The fact that they chose the name because it sounded like “Whats-Up!” laughs me up.
And it was a matter of “right-time, right-place” for these two astute entrepreneurs, as the Apple App Store was gaining traction at the time.
You know how difficult it is to acquire a slice of the market if you’re an entrepreneur. The consumer base, on the other hand, was already locked and loaded in this scenario. They were able to deploy their app with a completely prepared platform.
They had no idea that in just under two years, usage would explode. Initially, growth was slow, but by 2011, WhatsApp has become one of the most popular iPhone apps.
Fast forward to 2013, and the company had skyrocketed to over 200 million daily users! If there was a stock price for WhatsApp, it would be fantastic.
Facebook joins in the fun.
Given WhatsApp’s enormous popularity, it’s no surprise that Facebook ( NYSE: $FB) has decided to join the party. Facebook paid just over $19 billion for WhatsApp in February of 2014.
Given that Facebook just paid $1 billion for Instagram in 2012, this should demonstrate their trust in WhatsApp.
WhatsApp’s Stock Price’s Popularity
Mark Zuckerberg, Facebook’s CEO, stated on the company’s most recent quarterly earnings conference that private messaging continues to be the fastest-growing method of communication.
More crucially, each day, WhatsApp alone exchanged 100 billion messages. While there is no stock price for WhatsApp, you may learn how to trade other companies by enrolling in our day trading school.
Who Are WhatsApp’s Rivals?
It’s reasonable to say WhatsApp is only competing with itself at this point. Even though Facebook Messenger exchanges 8 billion messages every day, it pales in comparison to WhatsApp. Unfortunately, there is no stock price for WhatsApp.
Clubhouse New and Exciting Cross-Platform Opportunities is one of the newest services to hit the market.
According to Facebook CEO Sheryl Sandberg, the WhatsApp Business Catalog is viewed by over 40 million individuals each month. The fact that users will soon be able to “click a WhatsApp icon on a Facebook Shop to communicate directly with the business” is fantastic.
Users and businesses will have unrestricted access to message whomever they want on Facebook, Instagram, and WhatsApp thanks to this cross-platform communication. Is Parler capable of doing so?
What is the best way to buy WhatsApp stock?
It is possible to invest in WhatsApp by going through their parent company, Facebook. I realise this isn’t the exact answer you’re looking for.
However, it’s the closest you’ll get to a WhatsApp stock price. Facebook is traded on the NASDAQ under the symbol FB and was trading at roughly $260.00 at the time of writing.
What is the value of the WhatsApp stock?
Because WhatsApp has no real way of producing money, it’s difficult to put a concrete cash value on its stock price. It does, however, have 500 million users!!!! Unlike games that may produce thousands of dollars per day – such as Fortnight on Apple Inc.’s iOS, which produces $2 million per day – WhatsApp is free.
Given that Zuckerberg roughly paid $42 for each of WhatsApp’s 450 million users when he bought the company, he’ll have to perform some major magic.
The question remains: how can Facebook make enough money from a free app to offset those expenses? Your response is just as excellent as mine.
Should You Invest in Technology Stocks?
COVID-19 has undoubtedly wreaked havoc on financial markets around the world. Many businesses have been completely eliminated from the market, while others are barely surviving.
Is this, however, a reason to avoid investing in firms like Facebook? Despite a 50% haircut, Facebook has recovered and is now trading at pre-COVID levels.
Even if many people stick to rigorous social distancing guidelines, the value of social media will remain high. Because the health risk is modest, usage is likely to remain high.
Do you want to connect with your loved ones but are worried about spreading disease? Simply make a video call with WhatsApp. Are you afraid to fly across the country to see friends?
Simply launch WhatsApp and start a group conversation. It’s simple, safe, and economical, and it’s not going away anytime soon.
Price action trading books can also be read over WhatsApp. While you won’t be able to do so with a WhatsApp stock price, you will be able to do so with Facebook.
WhatsApp is owned by Facebook, and the fundamentals of Facebook stock may be checked using Stock Rover.
How to Buy Shares in WhatsApp Indirectly
To be clear, you can’t buy WhatsApp stock directly, but you can invest in WhatsApp by purchasing Facebook stock, which you can do here.
- Choose a broker and a trading platform that you are comfortable with.
- Create an account. You’ll have to supply information like your driver’s licence, address, income, banking information, and citizenship.
- Make a deposit into your account. Linking your brokerage account to your bank account or transferring funds via e-transfer is the simplest method.
- In this scenario, look for the stock code FB on the platform.
- Examine the shares of WhatsApp (Facebook). The platform should deliver the latest real-time stock information.
- Purchase WhatsApp (Facebook) stock. That’s all there is to it.
What’s Next for the WhatsApp Stock Price?
As I previously stated, social networking platforms and technology apps such as WhatsApp are here to stay. Because there is no WhatsApp stock price, buying Facebook shares is a great way to get a piece of the action.
Despite Facebook’s current $263 price tag, you can trade them for a lower price with options. Why not join us today for less than a dollar each day?