Shares of Meta Platforms Inc.
META,
advanced 1.94% to $286.98 Friday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index
COMP,
rising 1.45% to 13,787.92 and the Dow Jones Industrial Average
DJIA,
rising 0.84% to 34,407.60.
The stock’s rise snapped a two-day losing streak.
Meta Platforms Inc. closed $2.81 short of its 52-week high ($289.79), which the company reached on June 26th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Apple Inc.
AAPL,
rose 2.31% to $193.97, Microsoft Corp.
MSFT,
rose 1.64% to $340.54, and Alphabet Inc. Cl C
GOOG,
rose 0.80% to $120.97.
Trading volume (19.6 M) remained 4.1 million below its 50-day average volume of 23.7 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.
Read the full article here