Meta Platforms Inc. Stock Climbs 4.2%, Outperforms Market

Dow Jones
05-02

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Meta Platforms Inc. advanced 4.2% to $572.21 on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 1.5% to 17,710.74 and the Dow Jones Industrial Average rising 0.2% to 40,752.96.

Meta Platforms Inc. closed 22.8% short of its 52-week high of $740.91, which the company reached on February 14th.

The stock demonstrated a mixed performance when compared to some of its competitors, as Apple Inc. rose 0.4% to $213.32, Microsoft Corp. rose 7.6% to $425.40, and Alphabet Inc. Cl C rose 1.18% to $162.79.

Trading volume totaled 30.9 million, compared to the 50-day average of 18.8 million.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

May 01, 2025 16:35 ET (20:35 GMT)

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