3 Reasons Why Oculus Rift Will Lift Facebook Stock
Facebook’s (FB) investment in the virtual reality space is expected to lift the Internet company’s shares over the next three months, according to Piper Jaffray analyst Gene Munster. He gives three reasons why Oculus VR will positively impact the stock: The Oculus Rift headset is likely to launch slightly earlier than investors expect, according to Munster. His industry sources point to a sales debut in the first half of the first quarter of 2016,