Why Meta Platforms Stock Was Climbing Today

Shares of Meta Platforms (NASDAQ: META) were moving higher as the Facebook parent benefited from a pair of positive analyst notes out on the stock this morning.

Shares were up 2.6% as of 11:20 a.m. ET.

This morning, Citigroup opened a "positive catalyst watch" on Meta, heading into its Connect event on Sept. 27-28, which will include the launch of the Meta Quest 3 as well as new offerings around artificial intelligence (AI), virtual reality (VR), augmented reality (AR), and the company's metaverse technology.

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Source Fool.com