---
title: "BREAKING: Meta stock, $META, soars 13% after beating earnings expectations and announcing a quarterly dividend with a $50 billion stock buyback."
description: "The stock has added $130 billion in market cap in just 15 minutes.\nFor the first time in history, $META now has a market cap of $1.1 trillion.\nIt is officially the 7th largest public company in the world.\nSource: Barchart, The Kobeissi Letter"
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [BREAKING: Meta stock, $META, soars 13% after beating earnings expectations and announcing a quarterly dividend with a $50 billion stock buyback.](https://blog.syzgroup.com/syz-the-moment/breaking-meta-stock-meta-soars-13-after-beating-earnings-expectations-and-announcing-a-quarterly-dividend-with-a-50-billion-stock-buyback)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Feb 2, 2024, 8:31:35 AM

[View full post](https://blog.syzgroup.com/syz-the-moment/breaking-meta-stock-meta-soars-13-after-beating-earnings-expectations-and-announcing-a-quarterly-dividend-with-a-50-billion-stock-buyback)

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