Meta Platforms, Inc. (NASDAQ: META), one of the top IT stocks, hit a lifetime high today, reaching an intraday peak of $602.95 before slipping slightly in early trading. As of 10:27 AM EDT, Meta’s stock is trading at $594.26, down $1.68 or 0.28% from the previous close of $595.94.
The stock opened at $598.22, briefly pushing past the $600 mark during the day’s trading session. Meta Platforms has seen strong performance in recent months, with its 52-week range spanning from $279.40 to $602.95. The company’s market cap currently stands at $1.506 trillion.
Meta’s performance reflects growing investor confidence as it continues to innovate in the communication services and internet content sector. The stock’s climb to a lifetime high adds to its momentum, although early trading indicates a slight pullback.
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