Stock summary: Meta Platforms posted weekly surge of 5.75% as it continued its 15 days winning streak

Meta Platforms Inc recorded strong gains over the past five days, rising 38.82 USD, or 5.75%, to close at 714.52 USD on February 7 at 8:00 PM GMT-5.

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Meta Platforms Inc recorded strong gains over the past five days, rising 38.82 USD, or 5.75%, to close at 714.52 USD on February 7 at 8:00 PM GMT-5. The stock saw solid upward momentum, reflecting continued investor confidence as it continued a 15 day winning streak.  

During the latest trading session, Meta opened at 716.80 USD, showing early strength. The stock climbed to an intraday high of 725.01 USD, before pulling back to a session low of 711.75 USD. Despite some fluctuations, the stock maintained most of its gains, closing near its opening level. 

After-hours trading saw a slight decline, with Meta slipping 0.62 USD, or 0.087%, to 713.90 USD.The company maintained a massive market capitalization of 1.80LCr, reinforcing its dominant position in the tech sector. Meta encountered resistance near a session high of  725.01 USD, where selling pressure emerged, while support around a session low of 711.75 USD provided stability.

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Disclaimer: This article is for informational purposes only and does not constitute any financial advice.