Shares of Meta Platforms Inc. META inched 0.88% higher to $534.69 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Com

Meta Platforms, with its massive user base, is a significant player in the digital ad sales market. In its latest quarter, the company's revenue stood at $36.5 billion, with a staggering 98% coming from ad sales. The company's 20% increase in overall ad impressions is a clear indicator of its strong growth trajectory.

Shares in Facebook and Instagram parent Meta Platforms remain in focus this week after climbing to a new record close on Friday. Monitor these key levels on the weekly chart.

Shares of Meta Platforms Inc. shed 1.96% to $529.32 Monday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 0.28% to 18,403.74 and the Dow Jones Industrial Average falling 0.

One stock that might be feeling left out these days is Meta Platforms ( META 4.92%), formerly known as Facebook, which hasn't done a split yet. But the social media company has seen its share price rise significantly since 2023 and is now trading at more than $500 per share. Is a split likely coming this year?

Leadership in the NASDAQ is shifting from extended stocks to former laggards. These two are due to outperform in this new thrust to new highs.

Meta Platforms Inc. closed $12.81 short of its 52-week high ($542.81), which the company reached on July 8th.