Meta Platforms Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Meta Platforms Inc. (META) rallied 2.20% to $202.16 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 1.58% to 11,860.11 and the Dow Jones Industrial Average rising 0.98% to 32,560.60. This was the stock's second consecutive day of gains. Meta Platforms Inc. closed $34.70 short of its 52-week high ($236.86), which the company reached on April 5th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Apple Inc. (AAPL) rose 1.19% to $159.28, Microsoft Corp. (MSFT) rose 0.57% to $273.78, and Alphabet Inc. Cl C (GOOGL) rose 3.84% to $105.84. Trading volume (31.5 M) remained 2.5 million below its 50-day average volume of 34.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 21, 2023.
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March 21, 2023 16:31 ET (20:31 GMT)
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