Meta Platforms (META) Gains Momentum: Shares Jump Over 2.5% as Key Data Points Emerge

Meta Platforms Inc, trading under the ticker META on the NASDAQ, experienced a significant uptick in its share price during Thursday’s trading session. The stock closed the regular session at 547.27 USD, marking a solid gain of 14.12 USD, which translates to a 2.65 percent increase for the day.

The positive momentum appeared to carry over into after-hours trading. As of 7:59 pm GMT-4 on April 25th, the stock was trading at 547.99 USD, reflecting an additional gain of 0.72 USD or 0.13 percent after the market close.

Thursday’s trading saw Meta shares navigate a range between an intraday low of 536.25 USD and a high of 549.86 USD. The stock opened the session at 546.80 USD. The accompanying chart indicates volatility in the morning followed by a steady climb through the afternoon hours, ultimately closing near the day’s high. This performance represents a notable increase from the previous closing price of 533.15 USD.

Several key financial metrics provide additional context for Meta’s current market position. The company boasts a substantial market capitalization, listed as 1.38L Cr. Investors are also observing a Price-to-Earnings (P/E) ratio of 22.68. Additionally, Meta Platforms offers a dividend yield of 0.38 percent.

Looking at the stock’s performance over a longer timeframe, the current price sits comfortably within its 52-week range. The highest price Meta shares reached in the past year was 740.89 USD, while the lowest point recorded during that period was 427.20 USD. Thursday’s closing price places the stock significantly above its 52-week low, though still some distance from its annual peak.