Meta Platforms Inc. stock rises Thursday, still underperforms market

text © Terrence Horan


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Shares of Meta Platforms Inc. rallied 2.19% to $130.29 Thursday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 2.23% to 10,649.15 and the Dow Jones Industrial Average rising 2.83% to 30,038.72. The stock’s rise snapped a two-day losing streak. Meta Platforms Inc. closed $223.54 below its 52-week high ($353.83), which the company reached on November 22nd.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Microsoft Corp. rose 3.76% to $234.24, Alphabet Inc. Cl A rose 1.54% to $99.06, and Twitter Inc. rose 0.80% to $50.34. Trading volume (33.7 M) eclipsed its 50-day average volume of 27.5 M.

Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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