Meta Platforms stock surged 65% in 2024, reaching trillion-dollar market cap, with positive financial outlook
From Nasdaq: 2025-01-10 16:50:17
Shares of Meta Platforms (NASDAQ: META) saw a significant increase last year, reaching the trillion-dollar mark once again. The stock surged 65% last month, showing positive momentum. Meta reported strong financial results, with a 25% revenue growth to $40.1 billion in the fourth quarter of 2023. The company also announced a dividend, highlighting its profit potential. Looking ahead, Meta is poised for further growth in 2025, with strong momentum in digital advertising and AI. Investors will be watching closely for the holiday-quarter results on Jan. 29.
Read more at Nasdaq: Why Meta Platforms Stock Jumped 65% in 2024