Why Meta Platforms Stock Bucked the Market's Trend and Rallied Friday
Despite the market's dour mood on Friday, shares of Meta Platforms ( META 0.84%) rallied, gaining as much as 3.1%. As of 3:03 p.m. ET, the stock was still up 1.9%. It was not one catalyst that sent the social media and artificial intelligence (AI) giant higher, but rather a flurry of developments, each from a different quarter.