In its third-quarter earnings release, Meta Platforms announced a new non-voting Class C common stock effective Jan. 19, 2027, with Class A holders receiving a one-for-one stock dividend of Class C shares after that date, which the article describes as an unconventional 2-for-1 split. Meta is the only Magnificent Seven member that has not yet completed a forward split, and its shares have rallied roughly 1,600% since the May 2012 IPO. The company's family of apps drew an average of 3.64 billion people per day in September, and the average price per ad jumped 14% in the September-ended quarter. The article suggests this could be the first of many Meta stock splits.
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