Meta Platforms Inc. Stock Climbs 4.5%, Outperforms Peers

Dow Jones09-25 04:35

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Meta Platforms Inc. rallied 4.5% to $777.59 on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index remaining mostly unchanged at 26,939.37 and the Dow Jones Industrial Average falling 0.3% to 51,349.98.

This was the stock's second consecutive day of gains.

Meta Platforms Inc. hit a new 52-week high, surpassing its previous peak of $763.90, which the company reached on September 23rd.

The stock outperformed some of its peers, as Apple Inc. fell 0.3% to $335.92, Microsoft Corp. fell 0.5% to $497.93, and Alphabet Inc. Cl C rose 1.20% to $339.01.

Trading volume totaled 34.5 million, compared to the 50-day average of 18.6 million.

Data source: Dow Jones Market Data, FactSet

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