Meta Platforms Stock Plummets Amid Split Plans, Concerns Linger

Despite plans for a 10-for-1 stock split later this month, Meta Platforms’ stock price has dropped significantly – losing over 18% in the past month. This decline comes amidst broader concerns about market stability and follows a significant fall since February, shedding nearly 22%. While Metaplanet’s stock split is designed to broaden investor access without cryptocurrency ties, it hasn’t eased investor anxiety. The company is facing questions regarding its long-term performance. Experts suggest scrutinizing the impact of this move compared to other tech stock trends.