
Shares of Meta Platforms (META) have been on an impressive upward trajectory in 2024, with the stock rising more than 72% year-to-date. On Dec. 4, the shares of the social media and technology giant reached a new all-time high of $617.78, propelling the company’s market capitalization to approximately $1.55 trillion.
This remarkable performance comes as the company continues to drive user engagement and expand its footprint across key areas like advertising, artificial intelligence (AI), and virtual reality. Could the next step for META stock be $2 trillion?