Connect with us

Hi, what are you looking for?

Markets

Meta Platforms Inc. stock rises Thursday, still underperforms market

Shares of Meta Platforms Inc.
META,
+0.37%
inched 0.37% higher to $264.58 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index
COMP,
+1.02%
rising 1.02% to 13,238.52 and the Dow Jones Industrial Average
DJIA,
+0.50%
rising 0.50% to 33,833.61.

The stock’s rise snapped a three-day losing streak.

Meta Platforms Inc. closed $11.99 below its 52-week high ($276.57), which the company achieved on June 6th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Apple Inc.
AAPL,
+1.55%
rose 1.55% to $180.57, Microsoft Corp.
MSFT,
+0.58%
rose 0.58% to $325.26, and Alphabet Inc. Cl C
GOOG,
-0.22%
fell 0.22% to $122.67.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

Read the full article here

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

News

This article was written by Follow Donovan Jones is a research specialist with 15 years of experience identifying opportunities for IPOs and public software...

News

This article was written by Follow I’m Jason Ditz and I have 20 years of experience in foreign policy research. My work has appeared...