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Shares of Meta Platforms Inc. (META) rose 5.82% to $178.34 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 2.89% to 12,854.80 and the Dow Jones Industrial Average rising 1.63% to 33,309.51. Meta Platforms Inc. closed $205.99 below its 52-week high ($384.33), which the company reached on September 1st.
The stock outperformed some of its competitors Wednesday, as Microsoft Corp. (MSFT) rose 2.43% to $289.16, Alphabet Inc. Cl A (GOOGL) rose 2.63% to $119.70, and Twitter Inc. (TWTR) rose 3.74% to $44.43. Trading volume (29.9 M) remained 440,496 below its 50-day average volume of 30.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 10, 2022.
(END) Dow Jones Newswires
August 10, 2022 16:31 ET (20:31 GMT)
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