If You Invested $1,000 In Meta Platforms Stock When Donald Trump Said Facebook Was Always Anti-Trump, Here's How Much You'd Have Today
Portfolio Pulse from Chris Katje
The article discusses the impact of former President Donald Trump's criticism of Meta Platforms (formerly Facebook) on its stock performance. It highlights that if an investor had invested $1,000 in Meta Platforms on September 27, 2017, when Trump first criticized the company, the investment would be worth $1,886.55 today, representing a gain of 88.7% over the last six years. This outperformed the SPDR S&P 500 ETF Trust, which would have grown by 70.8% over the same period.
October 20, 2023 | 1:51 pm
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Meta Platforms' stock has grown by 88.7% since Trump's criticism in 2017, outperforming the broader market.
The article highlights that Meta Platforms' stock has performed well despite Trump's criticism, growing by 88.7% over the last six years. This suggests that the company has been able to navigate the criticism and continue to deliver strong performance, which is likely to have a positive impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
The SPDR S&P 500 ETF Trust has grown by 70.8% since September 27, 2017, underperforming Meta Platforms over the same period.
The article compares the performance of Meta Platforms to the SPDR S&P 500 ETF Trust, highlighting that the latter has grown by 70.8% since September 27, 2017. While this is a strong performance, it is less than the 88.7% growth seen by Meta Platforms over the same period.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80