EssilorLuxottica share price jumps on Meta’s 3% stake

Shares in French-Italian eyewear giant EssilorLuxottica jumped more than 5% to €251.70 on Tuesday after reports emerged that Meta Platforms had acquired a nearly 3% stake in the company, worth approximately €3 billion ($3.5 billion). If gains hold, it would mark EssilorLuxottica’s best trading day since mid-February. According to sources cited by Bloomberg and Reuters, […]