Shares of Meta Platforms Inc. surged to a fresh all-time high on Thursday on the strength of its fourth-quarter earnings. The company beat analysts' expectations, including a 50% jump in earnings per share and a 21% increase in revenue compared to the same period last year. The tech giant's stock is now up 76% in a year and 19% in just the last month.
Meta soared 3.25% at 10:43 am ET and sold for $698.02.