Shares of Meta Platforms Inc. rallied 4.24% to $191.63 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index (NASDAQ:COMP) rising 2.68% to 11,740.65 and the Dow Jones Industrial Average (DOW:DJIA) rising 1.61% to 32,637.19. This was the stock's second consecutive day of gains. Meta Platforms Inc. closed $192.70 below its 52-week high ($384.33), which the company achieved on September 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Microsoft Corp. (NAS:MSFT) rose 1.29% to $265.90, Alphabet Inc. Cl A (NAS:GOOGL) rose 1.88% to $2,155.85, and Twitter Inc. rose 6.35% to $39.52. Trading volume (23.0 M) remained 10.4 million below its 50-day average volume of 33.4 M.