Meta surges 2% and reaches intraday all-time high - Breaking The News

Meta surges 2% and reaches intraday all-time high

19 January

1 min read

EPA-EFE/ALEX PLAVEVSKI

Meta Platforms Inc. surged 2% on Friday to hit its intraday all-time high at 384.36. The move comes amid a broad-based rally in the markets with historic records in the S&P 500 and the Nasdaq.

In addition, the news comes after CEO Mark Zuckerberg stated that the company is currently training its new large language model Llama 3 and bullish sentiment regarding tech and AI-related stocks.

At 3:28 pm ET, Meta was up by 1.98% to sell for $383.5100.

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