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Meta Platforms added $196 billion in stock market value on Friday, marking the biggest one-day gain by any company in Wall Street history after the Facebook parent declared its first
Meta surged 17% in premarket trading on Friday as the Facebook parent's first dividend declaration and robust results increased expectations of strong returns from its investments in metaverse...
A survey of North American equities heading in both directions
Meta's stock shot up as much as 23% and was last up 21.7%.
Days ahead of Facebook's 20th anniversary, Meta authorized an additional $50 billion in share repurchases and said its quarterly dividend would be 50 cents per share.