Shares of Meta Platforms Inc.
advanced 4.10% to $147.30 Thursday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index
rising 1.76% to 11,512.41 and the Dow Jones Industrial Average
rising 0.61% to 33,949.41. The stock’s rise snapped a two-day losing streak. Meta Platforms Inc. closed $180.70 below its 52-week high ($328.00), which the company reached on February 2nd.
The stock outperformed some of its competitors Thursday, as Apple Inc.
rose 1.48% to $143.96, Microsoft Corp.
rose 3.07% to $248.00, and Alphabet Inc. Cl C
rose 2.51% to $99.16. Trading volume (25.4 M) remained 5.2 million below its 50-day average volume of 30.5 M.