Facebook Stock Split: Everything You Need to Know
"Hold up. Wasn't Facebook (NASDAQ: FB) going to split its stock?"
It's a fair question. And it deserves some fresh analysis.
Facebook's stock split was approved a while ago. Indeed, it was the summer of 2016 when shareholders approved the board's proposal to split its stock and subsequently issue a new Class C stock in the form of a one-time stock dividend. The planned stock split was part of an effort to help CEO Mark Zuckerberg keep controlling voting rights as he and his wife, Dr. Priscilla Chan, embark on a journey to give away 99% of their wealth.
Source: Fool.com
Meta Platforms Inc. Stock
€466.85
-0.410%
With 13 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
With a target price of 515 € there is a slightly positive potential of 10.31% for Meta Platforms Inc. compared to the current price of 466.85 €.
