Meta Platforms Inc. shares had a slight gain of 0.07% but have seen significant losses of -17.42% over the past month and -3.02% year-to-date. The stock's struggle follows hitting a one-year high in February 2024. Changes within the company include a $50 billion stock buyback announcement and the initiation of a quarterly dividend. Meta's strategic shift towards artificial intelligence aims to enhance its market position, with projections indicating a 62.82% upside for its stock by the decade's end.
Shares of Meta Platforms Inc. have struggled this month, down 17.42%, and have declined 3.02% year-to-date, amid changes like a new dividend announcement.
Meta is investing heavily in artificial intelligence, aiming for its AI assistant to become the most used in the world, which is expected to drive future growth.
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