Meta Platforms Inc. Stock Surpasses $600 Today Under Zuckerberg's Leadership

Oct 7, 2024, 01:31 PM

Facebook's parent company, Meta Platforms Inc. (NASDAQ: META), achieved a significant milestone today as its stock price broke $600 per share for the first time ever. This achievement comes after the stock reached new all-time highs multiple times over the past week. The surge in stock price reflects investor confidence and vindicates the company's $50 billion buyback program initiated in 2021 when the stock was around $300 per share. Long-term shareholders have been rewarded as the company's value continues to rise. Mark Zuckerberg's leadership has been instrumental in this success.