Meta shares surge 20% on soaring profit, better-than-expected guidance and first-ever dividend

• Meta shares jumped on Friday after profit tripled in the fourth quarter and the company issued its first-ever dividend.
• Revenue rose 25% in the quarter for Meta, marking the fastest rate of growth for any period since mid-2021 as the online ad market rebounded.
• Investors praised Meta’s decision to issue a dividend, a rare step for a high-growth technology company.

Meta shares surge 20% on soaring profit, guidance and first dividend (cnbc.com)