Meta Platforms Inc. stock falls Friday, underperforms market
Shares of Meta Platforms Inc.
FB
shed 4.23% to $303.17 Friday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index
COMP
falling 2.72% to 13,768.92 and Dow Jones Industrial Average
DJIA
falling 1.30% to 34,265.37. This was the stock’s second consecutive day of losses. Meta Platforms Inc. closed $81.16 below its 52-week high ($384.33), which the company reached on September 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Microsoft Corp.
MSFT
fell 1.85% to $296.03, Alphabet Inc. Cl A
GOOGL
fell 2.22% to $2,607.03, and Twitter Inc.
TWTR
fell 6.60% to $34.82. Trading volume (28.3 M) eclipsed its 50-day average volume of 19.1 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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