Wednesday, February 8, 2023
HomeMarketMeta Platforms Inc. stock outperforms market on strong trading day

Meta Platforms Inc. stock outperforms market on strong trading day

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Shares of Meta Platforms Inc.
META,
+2.53%
advanced 2.53% to $123.49 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
DJIA,
+0.10%
rising 0.10% to 34,429.88 and the NASDAQ Composite Index
COMP,
-0.18%
falling 0.18% to 11,461.50. This was the stock’s fourth consecutive day of gains. Meta Platforms Inc. closed $229.22 below its 52-week high ($352.71), which the company reached on December 28th.

The stock outperformed some of its competitors Friday, as Apple Inc.
AAPL,
-0.34%
fell 0.34% to $147.81, Microsoft Corp.
MSFT,
+0.13%
rose 0.13% to $255.02, and Alphabet Inc. Cl C
GOOG,
-0.44%
fell 0.44% to $100.83. Trading volume (39.8 M) remained 9.1 million below its 50-day average volume of 48.9 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.

Credit: marketwatch.com

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