MENLO PARK, CA – Meta Platforms Inc. (NASDAQ: META) shares experienced a significant upward movement in early trading today, showcasing strong investor confidence. As of 19:10 GMT+5:30 (approximately 9:40 AM EDT), the META stock price climbed to $701.47, marking a substantial gain of $16.85, or 2.46%, for the session.
The tech giant’s stock, which includes platforms like Facebook, Instagram, and WhatsApp, started the day strong, rising from a previous close of $684.62. The intraday META chart clearly illustrates a sharp rally at the beginning of the trading period shown, propelling the share price above the notable $700 threshold. For the day, the performance is listed at +2.32%.
This positive momentum for META shares is consistent with its recent performance. The stock has seen impressive gains across various timeframes:
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5 days: +8.71%
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1 month: +18.66%
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Year to date: +18.79%
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1 year: +42.10%
Over the longer term, Meta Platforms’ stock has delivered exceptionally strong returns, with a 5-year gain of 209.00% and an all-time return of a staggering 1,570% (1.57K%).
The reasons for today’s specific surge in META stock were not detailed in the provided market overview, but the broad positive trend suggests ongoing market optimism regarding the company’s prospects, advertising revenue, or developments in its AI and metaverse initiatives. Investors will be closely watching Meta’s performance as trading continues.
FAQ: Meta Platforms (META) Stock Performance
Q1: What is Meta Platforms’ stock ticker symbol and where is it traded?
A: Meta Platforms Inc. trades on the Nasdaq Stock Market under the ticker symbol META.
Q2: What was the META stock price as of the latest update?
A: As of 19:10 GMT+5:30, the META stock price was $701.47 USD.
Q3: How much did META stock change in the latest session?
A: META stock increased by $16.85, which is a 2.46% rise for the session as of that update. The overall 1-day performance figure shown is +2.32%.
Q4: What was the previous closing price for Meta Platforms shares?
A: The previous closing price for META shares was $684.62 USD.
Q5: What does the intraday META chart show?
A: The intraday META chart shows a sharp increase in the stock price at the beginning of the displayed trading period, pushing it above $700, followed by a plateau at that higher level.
Q6: How has META stock performed recently (e.g., 5-day, 1-month, YTD)?
A: META stock performance has been strong:
* 5 days: +8.71%
* 1 month: +18.66%
* 6 months: +14.82%
* Year to date: +18.79%
Q7: What is the 1-year and 5-year performance for META stock?
A: Over the past year, Meta Platforms’ stock price is up by 42.10%. Over the past 5 years, it has gained an impressive 209.00%.
Q8: What is the “All time” performance for META stock?
A: The “All time” performance for META stock shows a very significant gain of 1,570% (1.57K%).
Q9: What kind of company is Meta Platforms?
A: Meta Platforms Inc. is a multinational technology conglomerate that owns and operates social media platforms like Facebook, Instagram, WhatsApp, and is heavily invested in areas like artificial intelligence (AI) and the metaverse.
Q10: Did META stock cross any significant price levels today?
A: Yes, based on the data, META stock crossed the $700 per share mark during today’s trading.
