Meta Platforms Inc. has seen its stock price soar recently, hitting highs of $700, which raises concerns among retail investors about the affordability of shares. As the company has never split its stock before, there is speculation it may consider doing so to enhance accessibility for investors. Despite its impressive performance, including a 350% increase over the past two years, and strong revenue from its social media apps, this move could be a significant step amidst growing institutional ownership and expanding advertising revenue.
When stocks hit new highs, like Meta's recent $700 price, retail investors often hesitate to invest, prompting management to consider a stock split for accessibility.
Meta Platforms Inc. has experienced a significant stock rally, with a 350% surge over two years, yet it remains one of the Magnificent Seven with no stock split.
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