Meta Platforms Inc (NASDAQ: META) demonstrated notable strength in the stock market on Thursday, closing the trading session with significant gains. Investors saw the value of their shares increase as the tech giant finished the day on a positive note.
The stock closed the official trading session at 547.27 USD. This represents a solid increase of 14.12 USD, translating to a 2.65 percent rise for the day. This upward momentum edged slightly higher in after-hours trading, with the price ticking up to 547.99 USD, a further gain of 0.72 USD or 0.13 percent, shortly after the market close on April 25th.
Trading throughout the day showed some volatility. META opened at 546.80 USD. While it dipped to a low of 536.25 USD, buying pressure pushed the stock to a daily high of 549.86 USD before settling at its closing price. This close was substantially higher than the previous day’s close of 533.15 USD.
From a broader perspective, Meta Platforms holds a substantial market capitalization, valued at approximately 1.38 Trillion USD. The company’s Price-to-Earnings (P/E) ratio stands at 22.68, offering a common valuation metric for investors. Additionally, Meta provides a dividend yield of 0.38 percent.
While Thursday’s price showed strength, it remains below the stock’s 52-week high of 740.89 USD. However, it is significantly above its 52-week low of 427.20 USD, indicating considerable recovery and growth over the past year.
