Meta stock pulls back after 20-day winning streak
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Meta Platforms (META) stock has pulled back after a 20-day winning streak. Despite this, a stock split is considered unlikely by Citi analyst Ron Josey, who highlights Meta's user growth and increased AI spending and advertising revenue.
February 20, 2025 | 5:00 pm
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Meta Platforms' stock has ended its 20-day winning streak, but a stock split is unlikely according to Citi analyst Ron Josey. The analyst emphasizes Meta's user growth and increased spending on AI and advertising revenue.
The news highlights a pullback in Meta's stock after a significant winning streak, which could cause short-term volatility. However, the analyst's comments on user growth and increased AI and ad revenue suggest underlying strength, balancing the impact.
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