Shares of Meta Platforms (NASDAQ: META) have been on an absolute tear. The stock’s closing low in August was approximately $543. Since then, shares have gained over 25%.
The company’s Muse personal AI agent has been a primary driver of this surge. Muse recently became the most-downloaded free app on Apple's (NASDAQ: AAPL) U.S. App Store, taking the top spot from OpenAI’s ChatGPT.