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.

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