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Both companies split their stock 20-for-1 in 2022, when each traded for more than $2,000 per share. This brought them down to more reasonable levels, at a split-adjusted $100 per share.
Chipmaker Nvidia recently did a 10-for-1 split, and its stock is trading for around $120. There's definitely room for Meta to do a stock split and remain above the $100 mark.
A stock split simply changes the number of shares that represent a company's total market value. 10 million shares worth $100 each adds up to a $1 billion market capitalization. 100 million shares ...
META EPS Estimates for Next Fiscal Year data by YCharts. To put things in perspective, the global digital ad market is set to grow by 12.2% this year, 11.4% in 2025, and 10.4% in 2026, according ...
[43] The stock closed its second full week of trading on June 1 at $27.72. By June 6 investors had lost $40 billion. [44] Facebook ended its third full week at $27.10, slightly lower than a week previous. [45] The stock stayed below the $38 mark for months and finally bottomed out in September 2012 below $18. [46]
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Arista Networks completed a 4-for-1 stock split, payable Dec. 3, 2024. Palo Alto Networks initiated a 2-for-1 stock split, payable Dec. 13, 2024. There's a good reason investors are so enamored ...
Facebook announces that it is acquiring the Sequoia Capital-backed multi-platform mobile messaging app WhatsApp for US$16 billion ($4 billion in cash, $12 billion in Facebook shares) plus an additional $3 billion in restricted stock units to be granted to WhatsApp's founders and employees that will vest over four years subsequent to closing.