Why Meta Platforms Stock Is Rising Today

Facebook owner Meta Platforms (NASDAQ: FB) was outpacing the broad market in morning trading on Monday, with shares up 5% as of 11 a.m. ET compared to a 0.6% gain in the S&P 500. That pop erased a portion of Meta's recent decline, but the social media giant remains down significantly so far in 2022.

Investors have found more reasons to buy the stock following its first-quarter earnings report, which it delivered after the closing bell Wednesday.

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Source Fool.com