Meta Platforms Inc. stock falls Thursday, underperforms market

Shares of Meta Platforms Inc. FB,
slipped 0.16% to $ 222.95 Thursday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index COMP,
+ 0.06%
rising 0.06% to 13,897.30 and the Dow Jones Industrial Average DJIA,
+ 0.25%
rising 0.25% to 34,583.57. This was the stock’s third consecutive day of losses. Meta Platforms Inc. closed $ 161.38 short of its 52-week high ($ 384.33), which the company achieved on September 1st.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Microsoft Corp. MSFT,
+ 0.62%
rose 0.62% to $ 301.37, Alphabet Inc. Cl A GOOGL,
fell 0.48% to $ 2,717.77, and Twitter Inc. TWTR,
fell 5.40% to $ 48.03. Trading volume (19.7 M) remained 21.5 million below its 50-day average volume of 41.2 M.

Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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