Shares of Meta Platforms Inc. (NASDAQ: META) are trading lower on June 3rd, reflecting a broader tech stock sensitivity or company-specific profit-taking after recent movements.
As of 11:32 AM EDT, the social media and technology giant’s stock was priced at
4.38, or 0.65%, from its previous closing price. The downward trend was evident throughout the morning session, as shown in the intraday chart.
675.58 shortly after the market opened, before sellers stepped in, pushing the price down to a low of $665.03. The stock’s previous close was $670.90, indicating a clear dip in today’s session.
Despite the daily decline, Meta Platforms remains a significant player with a substantial market capitalization of $1.68 trillion. The company’s Price-to-Earnings (P/E) ratio stands at 26.04, and it offers a dividend yield of 0.32%.
Over the past year, Meta’s stock has experienced considerable fluctuation, with a 52-week high of $740.89 and a 52-week low of $442.65. Today’s trading places it well within this established range. Investors will be watching closely to see if the stock finds support at current levels or continues its descent as the trading day progresses.
Meta Platforms Inc. (META) Stock: Frequently Asked Questions (FAQ)
Q1: What is the current stock price of Meta Platforms Inc. (META)?
A1: As of June 3, 11:32 AM EDT, Meta Platforms (META) stock was trading at $666.52 USD.
Q2: How has Meta’s stock performed today?
A2: Meta stock is down $4.38 (0.65%) today.
Q3: What was the opening price for META stock today?
A3: Meta Platforms opened at $671.44.
Q4: What is the day’s trading range (high and low) for Meta stock?
A4: Today’s high for META has been 665.03.
Q5: What was Meta’s previous closing price?
A5: The previous closing price for Meta stock was $670.90.
Q6: What is the 52-week high and low for Meta Platforms stock?
A6: The 52-week high for META is 442.65.
Q7: What is the market capitalization of Meta Platforms?
A7: Meta Platforms has a market capitalization of $1.68 trillion.
Q8: What is the P/E ratio for Meta stock?
A8: The Price-to-Earnings (P/E) ratio for META is 26.04.
Q9: Does Meta Platforms (META) pay a dividend?
A9: Yes, Meta Platforms has a dividend yield of 0.32%.
