Meta Platforms Inc. Stock Rallies 4.8%, Outperforms Peers

Dow Jones
06/16

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

Shares of Meta Platforms Inc. rose 4.8% to $593.48 on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 3.1% to 26,683.94 and the Dow Jones Industrial Average rising 0.9% to 51,671.03.

The stock's rise snapped a six-day losing streak.

Meta Platforms Inc. closed 25.5% short of its 52-week high of $796.25, which the company achieved on August 15th.

The stock outperformed some of its peers, as Apple Inc. rose 1.8% to $296.42, Microsoft Corp. rose 2.3% to $399.76, and Alphabet Inc. Cl C rose 2.50% to $367.11.

Trading volume totaled 17.3 million, compared to the 50-day average of 16.5 million.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

June 15, 2026 16:35 ET (20:35 GMT)

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