As its new social media network, Threads, drew over 100 million users in just five days of its launch, Meta Platforms, formerly known as Facebook, saw a big increase in the price of its stock. Investors and business experts are both interested in Threads due to its rapid growth rate, which has led to comparisons to Twitter frequently.

The happy news was announced on Monday by CEO Mark Zuckerberg, who noted that the remarkable number of sign-ups was primarily generated by organic demand, without the need for intensive promotional activities. The platform's promotional potential has not yet been completely realized by Meta, suggesting additional growth potential.
According to data from Quiver Quantitative published on Monday, Threads achieved the 100 million milestone, making it one of the fastest-growing apps of its kind. In comparison, it took OpenAI’s ChatGPT, supported in part by Microsoft, nearly two months to reach the same milestone.

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