Meta saw a historic one-day stock market gain of $196 billion, making it the largest by any company on Wall Street. With this, CEO Mark Zuckerberg's net worth has reached $165 billion, surpassing Bill Gates.
The surge in Meta’s market capitalization on Friday surpassed the previous record held by Amazon, which experienced a $190 billion increase on February 4, 2022, following an outstanding quarterly report. - Newsx
Meta Platforms, the parent company of Facebook, now holds the records for both the biggest single-day gains and biggest single-day loss in the United States stock market.