By Elisa Anzolin and Juby Babu (Reuters) -Shares in EssilorLuxottica, the maker of Ray-Ban glasses, jumped on Wednesday after reports that Meta Platforms had acquired a stake of nearly 3% in the Franco-Italian company.

EssilorLuxottica shares surged after reports indicated Meta Platforms acquired nearly a 3% stake in the eyewear company. This investment, potentially reaching 5% later, signals confidence in EssilorLuxottica's smart glasses venture.