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Core News Facts
The Magnificent Seven, a group of leading AI-driven technology companies, includes Apple, Amazon, Alphabet, Meta Platforms, Microsoft, Nvidia, and Tesla. All but Meta have completed stock splits to manage rising share prices. Nvidia recently executed a 10-for-1 stock split, lowering its share price from approximately $1,000 to the $100 range.
Meta Platforms, whose stock has surged over 400% in the past three years and trades at over $700, has yet to conduct a stock split. Analysts suggest a stock split could boost accessibility for investors and signal management’s confidence in future growth, especially given Meta’s focus on artificial intelligence and its recent double-digit revenue growth.
Currently, Meta’s stock is nearing its peak of over $780 and is viewed as the only member of the Magnificent Seven that hasn’t yet benefited from a stock split, with speculation mounting about whether it might pursue one soon.
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