Meta Platforms Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Meta Platforms Inc. (META) rallied 2.24% to $204.28 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 1.01% to 11,787.40 and the Dow Jones Industrial Average rising 0.23% to 32,105.25. Meta Platforms Inc. closed $32.58 short of its 52-week high ($236.86), which the company achieved on April 5th.
The stock outperformed some of its competitors Thursday, as Apple Inc. (AAPL) rose 0.70% to $158.93, Microsoft Corp. (MSFT) rose 1.97% to $277.66, and Alphabet Inc. Cl C (GOOGL) rose 1.96% to $106.26. Trading volume (27.2 M) remained 6.9 million below its 50-day average volume of 34.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 23, 2023.
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March 23, 2023 16:31 ET (20:31 GMT)
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