Meta Platforms Inc closed at 689.18 USD, recording a significant gain of 62.50 points (9.97%) over the past five days. As of January 31 at 7:59 PM GMT-5, the stock experienced strong bullish momentum, reflecting heightened investor confidence. However, in after-hours trading, Meta’s stock dipped slightly to 685.18 USD, losing 4.00 points (-0.58%), suggesting some post-market profit-taking.
During the session, Meta reached a high of 705.30 USD, signaling strong buying activity as investors pushed the stock toward its peak. Meanwhile, the low of 685.58 USD indicates that the stock faced some intraday fluctuations before settling at its closing value. The opening price of 691.00 USD suggests that Meta started the session on a strong note, maintaining its upward trajectory throughout the trading session.
With a market capitalization of 1.74L Cr, Meta continues to solidify its position as a leader in the technology and digital advertising sectors. The stock’s rise came after the company released its fourth-quarter earnings report which highlighted revenue growth for the tech-giant.
Disclaimer: This article is for informational purposes only and does not constitute any financial advice.