StocksMediumUpdated•Originally published 12 October 2026•Updated 12 October 2026•
1 min read
Meta Shares Rise 4% Following Launch of New AI Models
Key Facts
1Meta Platforms shares rose over 4% to $749 following the launch of two new artificial intelligence models.
2The stock ended a four-session losing streak despite a decline in the tech-heavy Nasdaq Composite.
Meta Platforms shares rose 4% to $749 supported by third-party data showing strong user retention for its Muse AI agent. Invezz reported that the stock ended a four-session losing streak as the company launched two new artificial intelligence models.
META was trading at $743.7 on October 12, 2026, reaching a session high of $752.24. During the same period, other major tech instruments showed varied performance, with MSFT trading at $539.7, GOOGL at $351.79, and AAPL trading at $339.3568 on October 12, 2026.