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Meta Platforms' record winning streak puts stock split in view


//stocks-investing.news-articles.net/content/202 .. ord-winning-streak-puts-stock-split-in-view.html
Published in Stocks and Investing on Thursday, February 20th 2025 at 16:01 GMT by Bloomberg   Print publication without navigation

  • The move can also spur bullish sentiment. The average return for stocks one year after a split tops 25 per cent, against 12 per cent for the broader market, according to BofA's analysis. The showing was even stronger in 2024, with the average stock up 17 per cent in the subsequent six months.

The article from MSN discusses the potential for Meta Platforms, Inc. to implement a stock split following its impressive stock performance. Meta has experienced a record 13-day winning streak, with its stock price increasing by 4.6% in a single day, pushing its market value close to $1.3 trillion. This surge has led to speculation about a stock split, especially since Meta's stock price has risen significantly, making it one of the most expensive stocks in the S&P 500. Historically, tech giants like Apple, Amazon, and Alphabet have used stock splits to make their shares more accessible to a broader range of investors. Although Meta has not announced any plans for a split, the current market conditions and the company's performance suggest that it could be a strategic move to enhance liquidity and investor interest.

Read the Full Bloomberg Article at:
[ https://www.msn.com/en-us/money/other/meta-platforms-record-winning-streak-puts-stock-split-in-view/ar-AA1zr8Rn ]

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