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Danny Vena, The Motley Fool. June 5, 2024 at 12:42 PM. Shares of Meta Platforms (NASDAQ: META) popped on Wednesday, gaining as much as 3.1%. As of 11:34 a.m. ET, the stock was still up 2.4%. The ...
The next day of trading after the IPO (May 21), the stock closed below its offering price, at $34.03. The stock saw another large loss the next day, closing at $31.00. A 'circuit breaker' was used in an attempt to slow down the decline in the stock price. The stock increased modestly in coming days, and Facebook closed its first full week of ...
Meta Platforms' ( META) stock rocketed higher on Friday, climbing more than 20% after the company posted better-than-expected earnings and guidance and announced new shareholder return initiatives ...
Meta's stock surged 20.3% for the session, also recording its biggest one-day percentage increase in a year and its third biggest since its 2012 Wall Street debut. Its stock market value now ...
In February 2022, Meta Platforms fell to less than $600 billion (setting a record for the largest one-day drop in U.S. stock market history), and was no longer within the top 20 most valuable U.S. companies after falling to $270 billion in October 2022. In January 2024, Meta crossed $1 trillion during trading hours.
Meta Platforms, Inc. Meta Platforms, Inc., [10] doing business as Meta, [11] and formerly named Facebook, Inc., and TheFacebook, Inc., [12] [13] is an American multinational technology conglomerate based in Menlo Park, California. The company owns and operates Facebook, Instagram, Threads, and WhatsApp, among other products and services. [14]
The company repurchased $9.22 billion of its shares in Q1 2023 and, as of March 31, Meta was authorized to repurchase $41.73 billion of its own stock. Allie Garfinkle is a Senior Tech Reporter at ...
Investors are loving its first-ever dividend. Meta’s “year of efficiency” paid off in a big way. And it offered a sweetener for investors, sending its stock surging. The tech giant on ...