NEW YORK, USA – Shares of Meta Platforms Inc. (NASDAQ: META) experienced a notable drop in recent trading activity, closing the session significantly lower. The stock, representing the parent company of Facebook, ended the day down sharply, reflecting negative sentiment among investors during the period.
Market data captured at the close on April 21st (7:23 pm GMT-4) shows META finishing the standard trading day at
16.82, or 3.35%, from the previous close. The day’s trading saw the stock open at $491.32, reach a high of $493.50, but ultimately fall to a low of $479.80 before settling at its closing price.
This closing figure is considerably below the previous day’s close of $501.48, indicating a breach of the psychologically important $500 level. The 1-day chart visually confirms a downward trend for much of the trading session.
In after-hours trading, the stock saw a slight further dip, trading at $484.04, down an additional $0.62 (0.085%).
Other key metrics provided show Meta’s market capitalization listed as 1.22L Cr, a Price-to-Earnings (P/E) ratio of 20.08, and a dividend yield of 0.43%. While the stock closed well off its 52-week high of $740.89, it remains above its 52-week low of $414.50. Investors continue to watch the tech giant’s performance amidst market fluctuations.
