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Meta's stock notches highest close in 28 months as top-line optimism builds

Meta Platforms Inc. shares clinched their highest close in more than two years Wednesday as an analyst called out the company’s ability to surprise with its top-line results. The stock META, +3.65% rose 3.7% on Wednesday to 370.47,notchingitshighestfinishsinceSept.16,2021,whenitendedat370.47, notching its highest finish since Sept. 16, 2021, when it ended at 373.06. Meta shares also recorded their largest single-day percentage gain since July 28, 2023, according to Dow Jones Market Data. Mizuho’s James Lee cheered three catalysts for Meta shares in a late Tuesday no ...