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Markets · Investing · Business
Finance
Stock-Split Watch: Is Meta Platforms Next?
Meta Platforms has never completed a conventional stock split. After a nearly 30% September surge, is that finally about to change?
Meta Platforms(NASDAQ: META) closed at $751.66 on Sept. 25, nearly 30% above its Sept. 1 closing price, despite pulling back roughly 3.3% in the latest session. The stock had reached a new 52-week high of $779.82 just a day earlier.
Rising enthusiasm around the launch of its new Muse artificial intelligence (AI) assistant has helped fuel this rally. Reuters reported that Meta Platforms' shares had already gained more than 20% following Muse's launch on Sept. 8. This jump resulted in more than a $310 billion increase in the company's market value by Sept. 22.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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