“Meta’s 450% Surge Offers Potential for Next Tech Stock Split”
June 28, 2024
“Meta is the only stock in the so-called Magnificent Seven that hasn’t ever split shares. And, though the stock is off all-time highs hit in April, it’s up more than 450% from a 2022 trough.
Trading at more than $500 a share, “Meta is ripe for a split,” said Ken Mahoney, president of Mahoney Asset Management, referring to what’s seen as a key level for investors. The stock has benefited from appetite for AI exposure, buybacks and the introduction of a dividend in the past year…”
https://finance.yahoo.com/news/meta-450-surge-offers-potential-123855352.html