Meta Platforms Inc. Stock Rises Friday, Outperforms Market
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Shares of Meta Platforms Inc. (META) inched 0.85% higher to $206.01 Friday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 0.31% to 11,823.96 and the Dow Jones Industrial Average rising 0.41% to 32,237.53. This was the stock's second consecutive day of gains. Meta Platforms Inc. closed $30.85 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 Friday, as Apple Inc. (AAPL) rose 0.83% to $160.25, Microsoft Corp. (MSFT) rose 1.05% to $280.57, and Alphabet Inc. Cl C (GOOGL) fell 0.19% to $106.06. Trading volume (27.6 M) remained 6.4 million below its 50-day average volume of 34.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 24, 2023.
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March 24, 2023 16:31 ET (20:31 GMT)
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