Is Meta Next For A Stock Split? Speculation Grows as Stock Surges Over 450% From 2022 Lows
Portfolio Pulse from Anusuya Lahiri
Speculation is growing that Meta Platforms, Inc (NASDAQ:META) may announce a stock split as its stock has surged over 450% from 2022 lows. Meta is the only company among the 'Magnificent Seven' that has not split shares. The potential split could make Meta more accessible to retail investors and a candidate for the Dow Jones Industrial Average. Other companies identified as potential candidates for stock splits include Broadcom Inc (NASDAQ:AVGO), Lam Research Corp (NASDAQ:LRCX), Super Micro Computer Inc (NASDAQ:SMCI), KLA Corp (NASDAQ:KLAC), and Netflix Inc (NASDAQ:NFLX).
June 11, 2024 | 6:55 pm
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Broadcom Inc (NASDAQ:AVGO) has been identified by Bank of America analysts as a potential candidate for a stock split.
Bank of America analysts have identified Broadcom as a potential candidate for a stock split, which could make its shares more accessible to retail investors.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 50
POSITIVE IMPACT
KLA Corp (NASDAQ:KLAC) has been identified by Bank of America analysts as a potential candidate for a stock split.
Bank of America analysts have identified KLA Corp as a potential candidate for a stock split, which could make its shares more accessible to retail investors.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 50
POSITIVE IMPACT
Lam Research Corp (NASDAQ:LRCX) has been identified by Bank of America analysts as a potential candidate for a stock split.
Bank of America analysts have identified Lam Research as a potential candidate for a stock split, which could make its shares more accessible to retail investors.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 50
POSITIVE IMPACT
Meta Platforms, Inc (NASDAQ:META) is speculated to announce a stock split as its stock has surged over 450% from 2022 lows. A split could make shares more accessible to retail investors and employees.
The speculation of a stock split is based on Meta's significant stock price increase and its position as the only 'Magnificent Seven' company that hasn't split shares. A split could attract more retail investors.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Netflix Inc (NASDAQ:NFLX) has been identified by Bank of America analysts as a potential candidate for a stock split.
Bank of America analysts have identified Netflix as a potential candidate for a stock split, which could make its shares more accessible to retail investors.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 50
POSITIVE IMPACT
Super Micro Computer Inc (NASDAQ:SMCI) has been identified by Bank of America analysts as a potential candidate for a stock split.
Bank of America analysts have identified Super Micro Computer as a potential candidate for a stock split, which could make its shares more accessible to retail investors.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 50