Meta created a new class of nonvoting Class C stock that works like a 2-for-1 split, giving every Class A or Class B holder one Class C share, with trading slated to begin in January 2027. The structure lets Mark Zuckerberg raise outside capital for the AI build-out without diluting his voting control, a move partly designed to keep him working in California as a 5% billionaire's tax looms. JPMorgan analyst Doug Anmuth said issuing the stock sooner is better, as it would remove the overhang now that the Street knows nonvoting shares are coming in January 2027. Core advertising revenue rose 26% to $64.6 billion and GAAP EPS of $3.83 beat the $3.56 estimate, but shares fell 2% in premarket trading on Thursday. Anmuth called the stock move near-term noise and remained encouraged by the 2027 revenue outlook.
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METAstock splitMark Zuckerbergearnings
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Related tickers and likely impact
META
▼ Likely negativeMeta Platforms
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $1.9T |
| Close on 10/21/2026 | 698.43 |
| Change that session | +0.60% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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