Meta Platforms' stock is at an all-time high, sparking speculation about a potential stock split.

From Nasdaq: 2024-09-25 06:41:00

Meta Platforms’ stock is at an all-time high, trading at $565 per share after a 91% rise in the past year. Speculation is brewing about a potential stock split for the tech giant. But what’s the point of a stock split, anyway? Essentially, splitting shares just changes the number of shares representing a company’s total market value, making it more accessible to investors. Despite Meta’s stock price and heavy use of stock-based compensation, the company may not split its stock anytime soon, as there isn’t a compelling reason to do so. Additionally, Meta’s stock doesn’t need a short-term boost and may not join the Dow Jones Index anytime soon. For investors considering Microsoft, the Motley Fool Stock Advisor team has identified 10 top stocks for potential monster returns. Consider the success of previous picks, like Nvidia, which saw significant growth over the years.



Read more at Nasdaq: Stock-Split Watch: Is Meta Platforms Next?