Meta Platforms (META) Climbs Over 2.6%, Sustains Gains in Late Trading
Meta Platforms Inc (NASDAQ: META) demonstrated positive performance on the stock market Thursday, rewarding shareholders with a noticeable rise by the closing bell. The technology and social media giant saw its shares advance significantly throughout the trading day.
The stock concluded the main trading session valued at 547.27 USD per share. This marked a gain of 14.12 USD, equivalent to a 2.65 percent increase for the day. Further investor interest was seen after the market closed, as META shares added another 0.72 USD, or 0.13 percent, trading at 547.99 USD in the extended session reported on April 25th.
Thursday’s trading for Meta involved a considerable range. Shares opened at 546.80 USD, dipped to a session low of 536.25 USD, but rallied strongly to reach a high of 549.86 USD. The closing price represented a healthy jump from the previous day’s close of 533.15 USD.
Key financial metrics for Meta include a substantial market capitalization of approximately 1.38 Trillion USD. The stock trades at a Price-to-Earnings (P/E) ratio of 22.68 and offers investors a dividend yield of 0.38 percent.
While Thursday’s close reflects recent strength, Meta’s stock price remains below its peak over the past year, which stands at 740.89 USD. However, it has recovered significantly from its 52-week low point of 427.20 USD.
