Meta platforms' record winning streak puts stock split in view for 1st time

Quick Summary:

There are about 40 companies in the S&P 500 that boast a stock price of more than $500, putting them in the frame to contemplate the step.

The average return for stocks one year after a split tops 25%, against 12% for the broader market, according to BofA’s analysis.

A purely mathematical action, a split changes nothing about the underlying fundamentals of a company, but does lower the price per share.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Meta Facebook Meta platforms Whatsapp

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-20 @ 23:33:44 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 680 words

Reading Time: 4 minutes read

Sentences: 27 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 26302416

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Official Website: business-standard.com

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Coverage Areas: India

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