From Nasdaq:

Tech companies like Alphabet, Amazon, and Tesla have been splitting stocks, but Meta Platforms has yet to follow suit. Stock splits can attract more investors by lowering share prices, making them more accessible. Meta Platforms, known for Facebook and Instagram, could benefit from a split due to its high trading price. While a stock split doesn’t change the value of an investment, it can increase market capitalization and appeal to potential shareholders. Elon Musk has argued that lower stock prices can help a company attract and retain talent through equity compensation packages. Meta Platforms has never split its stock since going public in 2012, with founder Mark Zuckerberg considering a split in 2016. However, Zuckerberg withdrew the proposal in 2017, opting to fund charitable initiatives without diluting his control over the company. It’s worth assessing Meta’s financial performance and management guidance rather than solely banking on a potential stock split. Meta’s revenue and net income saw significant growth in 2023, with management optimistic about the company’s future performance. Despite losses in its Reality Labs division, Meta’s strong financial position and shareholder-friendly initiatives make it an attractive option for growth investors. Stock Advisor’s analyst team recommends 10 stocks for potential high returns, but Meta Platforms was not on their list. Investors seeking long-term growth prospects should consider Meta based on its financial performance and industry leadership.



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