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Why Meta Stock Popped 5% This Week

Shares of Meta Platforms (NASDAQ: META) jumped this week on no company-specific news. Instead, Meta’s gains came as the broader market indices rose as investors shrugged off some of their previous concerns about inflation and the economy and started snatching up shares of technology companies again. As a result, Meta’s stock climbed 4.4% this week, as of this writing.

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