Meta Platforms stock just closed higher for the 20th straight day
Published On Feb 14, 2025, 4:47 PM
Meta Platforms (META) has achieved a record 20 consecutive days of stock price increases, marking an impressive 25.8% rise this year alone. The company closed at a record high of $736.67, significantly recovering from a previous decline of over 70% since late 2022. This positive trend is bolstered by favorable earnings reports and optimism regarding Meta's strategic investments in AI and cost-cutting measures, including job layoffs. Analysts express confidence in Meta's ability to improve engagement across its platforms through AI integration.
Stock Forecasts
META
Positive
Meta's strong performance and continued investment in AI are likely to maintain investor confidence, leading to a sustained upward trajectory for the stock. The ongoing cost-cutting measures and focus on improving ad engagement across its platforms are positive indicators for future growth.
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