Meta Platforms Inc. stock outperforms market on strong trading day


© Terrence Horan


Shares of Meta Platforms Inc. rallied 2.24% to $204.28 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 1.01% to 11,787.40 and the Dow Jones Industrial Average rising 0.23% to 32,105.25. Meta Platforms Inc. closed $32.58 short of its 52-week high ($236.86), which the company achieved on April 5th.

The stock outperformed some of its competitors Thursday, as Apple Inc. rose 0.70% to $158.93, Microsoft Corp. rose 1.97% to $277.66, and Alphabet Inc. Cl C rose 1.96% to $106.26. Trading volume (27.2 M) remained 6.9 million below its 50-day average volume of 34.1 M.