From StockStory: 2025-05-02 16:32:00

Shares of Meta Platforms (NASDAQ:META) surged 5.3% as major indices rebounded on strong non-farm payroll data, with April 2025 payrolls rising by 177,000, beating expectations. This stable labor market could boost consumer spending and calm recession fears. Reports of potential U.S.-China trade talks also lifted market sentiment. Meta closed at $597.40, up 4.4%. Meta’s shares have low volatility, with today’s move signaling market significance. Despite being down 0.4% YTD, Meta remains 19% below its 52-week high. Investors from 5 years ago would see a $1,000 investment now valued at $2,907.



Read more at StockStory: Why Are Meta (META) Shares Soaring Today