Meta Platforms Inc. stock outperforms market on strong trading day
Shares of Meta Platforms Inc. FB, -0.43% advanced 4.02% to $233.89 Monday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index COMP, -1.48% rising…
From the Equity Insider archive. This article dates from Apr 5, 2022 and is preserved as first published.
Shares of Meta Platforms Inc. FB, -0.43% advanced 4.02% to $233.89 Monday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index COMP, -1.48% rising 1.90% to 14,532.55 and the Dow Jones Industrial Average DJIA, -0.07% rising 0.30% to 34,921.88. This was the stock’s second consecutive day of gains. Meta Platforms Inc. closed $150.44 below its 52-week high ($384.33), which the company reached on September 1st.
89 Monday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index COMP, -1.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Microsoft Corp. MSFT, -0.84% rose 1.79% to $314.97, Alphabet Inc. Cl A GOOGL, -1.25% rose 2.01% to $2,859.43, and Twitter Inc. TWTR, 5.88% rose 27.12% to $49.97. Trading volume (27.2 M) remained 14.1 million below its 50-day average volume of 41.3 M.
