sekar nallalu Cryptocurrency,Price Analysis Meta Stock Price (NASDAQ: META) Set To Break $500 Barrier Ahead Of May CPI Report

Meta Stock Price (NASDAQ: META) Set To Break $500 Barrier Ahead Of May CPI Report

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Meta stock price is maintaining its uptrend which started in April. On Monday, the shares of the tech giant are up 1.2% as bulls attempt to break the $500 barrier. Since last week, NASDAQ: META has been stuck within a very narrow range but a breakout seems imminent.The recently released US jobs data has shown a hotter-than-expected jobs market. The data revealed that the world’s biggest economy added $272,000 in non-farm payrolls in May. This was a massive increase from the market expectations of $185,000.As a result, the benchmark US indices tumbled on Friday and Meta stock also fell 1.08%. However, the markets are looking more optimistic on the first trading session of this week as the shares of the social media giant change hands at $500.74 at press time.

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