Meta Platforms Inc. stock outperforms competitors on strong trading day
Published: Feb. 2, 2024 at 4:30 p.m. ET
Shares of Meta Platforms Inc. META sailed 20.32% to $474.99 Friday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP rising 1.74% to 15,628.95 and the Dow Jones Industrial Average DJIA rising 0.35% to 38,654.42.
This was the stock’s second consecutive day of gains.
Meta…
Shares of Meta Platforms Inc.
META
sailed 20.32% to $474.99 Friday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index
COMP
rising 1.74% to 15,628.95 and the Dow Jones Industrial Average
DJIA
rising 0.35% to 38,654.42.
This was the stock’s second consecutive day of gains.
Meta Platforms Inc. hit a new 52-week high, surpassing its previous peak of $406.36, which the company reached on January 30th.
The stock outperformed some of its competitors Friday, as Apple Inc.
AAPL
fell 0.54% to $185.85, Microsoft Corp.
MSFT
rose 1.84% to $411.22, and Alphabet Inc. Cl C
GOOG
rose 0.58% to $143.54.
Trading volume (84.3 M) eclipsed its 50-day average volume of 16.5 M.
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.
