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Meta Platforms Inc. stock rises Monday, outperforms market

Shares of Meta Platforms Inc.
META,
+1.23%
rallied 1.23% to $294.10 Monday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index
COMP,
+0.18%
rising 0.18% to 13,685.48 and the Dow Jones Industrial Average
DJIA,
+0.62%
rising 0.62% to 33,944.40.

The stock’s rise snapped a two-day losing streak.

Meta Platforms Inc. closed $4.02 below its 52-week high ($298.12), which the company reached on July 6th.

The stock outperformed some of its competitors Monday, as Apple Inc.
AAPL,
-1.09%
fell 1.09% to $188.61, Microsoft Corp.
MSFT,
-1.60%
fell 1.60% to $331.83, and Alphabet Inc. Cl C
GOOG,
-2.72%
fell 2.72% to $116.87.

Trading volume (37.0 M) eclipsed its 50-day average volume of 24.7 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.

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