Shares of social media and technology giant Meta Platforms Inc, trading on the NASDAQ under the symbol META, were trading higher during Monday afternoon’s session.
As of 2:10 pm GMT-4 on April 29th, Meta stock was priced at 555.54 USD. This represented a gain of 5.80 USD, or 1.06 percent, from the previous closing price of 549.74 USD.
The stock opened the trading day lower at 546.00 USD and hit an intraday low of 544.12 USD shortly after the open. However, shares quickly reversed course, rallying to reach an intraday high of 556.57 USD. The accompanying one-day chart shows the stock recovering from the early dip, trading with some volatility through the morning, and then resuming its upward trend in the afternoon towards its session high.
Key financial metrics for Meta Platforms include a substantial market capitalization listed as 1.40LCr. The company’s Price to Earnings (P/E) ratio stands at 23.02, and it offers shareholders a dividend yield of 0.38 percent.
Over the past 52 weeks, Meta shares have seen significant fluctuation, trading between a low of 427.11 USD and reaching a high of 740.91 USD.
