Meta Stock (META) Recovers from Intraday Lows to Close in Positive Territory

NEW YORK – Shares of Meta Platforms Inc (NASDAQ: META), the parent company of Facebook and Instagram, finished the April 28th trading session slightly higher after a volatile day. The stock closed at $549.74 USD.

This closing price represented a gain of $2.47, or 0.45 percent, compared to the previous close of $547.27. Following the regular session, after-hours trading saw Meta stock edge down slightly by $0.22 (0.040%) to $549.52, as recorded at 7:59 PM GMT-4.

558.49**. However, the stock then experienced a significant pullback, dropping to an intraday low of $540.59 before mounting a recovery throughout the afternoon to end the session with a modest gain.

Key financial metrics at the close showed Meta Platforms with a substantial market capitalization of 1.39LCr. The company’s Price-to-Earnings (P/E) ratio was listed as 22.78, and it provided a dividend yield of 0.38 percent.

The stock’s closing price sits within its 52-week range, which spans from a low of $427.11 to a high of $740.91, indicating its position relative to performance over the past year.