Shares of Meta Platforms Inc. META, +1.51% rose 1.51% to $306.19 Monday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP, +1.05% rising 1.05% to 13,788.33 and the Dow Jones Industrial Average DJIA, +0.07% rising 0.07% to 35,307.63.
Meta Platforms Inc. closed $20.01 short of its 52-week high ($326.20), which the company achieved on July 28th.
The stock outperformed some of its competitors Monday, as Apple Inc. AAPL, +0.94% rose 0.94% to $179.46, Microsoft Corp. MSFT, +0.94% rose 0.94% to $324.04, and Alphabet Inc. Cl C GOOG, +1.28% rose 1.28% to $131.83.
Trading volume (15.4 M) remained 9.9 million below its 50-day average volume of 25.2 M.