India, Jan. 29 -- The stock price of Meta, listed on the NASDAQ index, saw over 10% rise in the market after-hours on Wednesday as the company released its Quarter 4 earnings report. The company reported an EPS of $8.88 on revenue of $59.9 billion in Q4 - significantly higher than market projection.

Meta Platforms closed on Monday at $668.73 per share - a 0.63% fall from the day's opening price. By 4:45 p.m. ET, the stock price was up by over 10%, reaching $736.50, as of this writing.

The surge in buying came as Meta Platform reported a higher than anticipated capital expenditures for 2026. The company projected a spending of $115 billion to $135 billion for 2026, a significant jump from its $72.22 billion spending in 2025.

The project...