As Shares Test New Highs Near $500, Will Meta Platforms Stock Split in 2024?

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With a YTD gain of nearly 32%, Meta Platforms (META) is the best-performing FAANG stock of 2024. It is among the top five S&P 500 Index ($SPX) stocks, as well, and has resumed its rally right from where it left off last year. The price action of FAANG stocks overall hasn’t changed much from 2023. While Meta is the top performer after almost tripling last year, Apple is the worst performer of the group – just as it was last year. There were a flurry of stock-split announcements between 2020 and early 2022 as tech giants – including Apple (AAPL), Nvidia (NVDA), Amazon (AMZN), Alphabet (GOOG), an…

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