Independently, shares in a Canadian products business surged following hasty traders apparently bewildered it with Mr Zuckerberg’s recently rebranded Meta.

Meta Supplies, which is shown on New York’s Nasdaq, soared by practically a quarter in right after-several hours investing on Thursday in advance of providing up most of these gains.

The company specialises in “smart materials” and photonics, the science of light-weight waves that powers every little thing from barcode scanners to smartphones and broadband cables. 

It has presently attained reputation as a so-named “meme” stock amid retail traders making use of Reddit and social media to go over trading.

It is just the most up-to-date circumstance of mistaken identification as traders rush to pile into technology stocks.

Traders despatched shares in an additional Canadian business, Zoom Systems, soaring by 80pc when they seemingly mistook it for video clip conferencing business Zoom Video Communications two a long time ago.

They also piled into Signal Advance, sending the Texas-dependent health care technological know-how firm’s shares rocketing extra than 500computer system greater, right after Tesla manager Elon Musk tweeted the text “use Signal”. He was referring to the protected messaging app Sign, operate by the not-for-financial gain Signal Technology Foundation. 

In a nod to the clear confusion with Fb, George Palikaras, chief government of Meta Elements, tweeted: