Shares of Meta Platforms Inc. (also known as META) experienced a slight increase of 0.63% on Thursday, reaching a value of $393.18. It was a positive trading session overall, with the NASDAQ Composite Index (COMP) rising by 0.18% to 15,510.50 and the Dow Jones Industrial Average (DJIA) rising by 0.64% to 38,049.13.
Third Consecutive Day of Gains
This marked the third consecutive day of gains for Meta Platforms Inc. The stock closed at a price that was $2.97 lower than its 52-week high of $396.15, which it achieved on January 24th.
Mixed Performance Compared to Competitors
Meta Platforms Inc.’s performance on Thursday was mixed when compared to some of its competitors. Apple Inc. (AAPL) saw a decrease of 0.17% to $194.17, while Microsoft Corp. (MSFT) experienced an increase of 0.57% to $404.87. Alphabet Inc. Cl C (GOOG) had the most significant gain, rising by 2.19% to $153.64.
Trading Volume and Insights
The trading volume for Meta Platforms Inc. on Thursday was 14.6 million shares, which remained 1.6 million shares below its 50-day average volume of 16.2 million shares.
