Meta shares surge 17% in premarket trade as investors cheer first-ever dividend

Meta shares surge 17% in premarket trade as investors cheer first-ever dividend

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Shares of Facebook parent company Meta surged Friday, after the firm reported a threefold jump in fourth-quarter profit and issued its first-ever dividend. As of around 6 a.m. ET, the stock price of Meta was up roughly 17% in U.S. premarket trading. Revenue jumped 25% in the fourth quarter for…

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