Meta Platforms Inc. stock underperforms Wednesday when compared to competitors

Shares of Meta Platforms Inc.
META,
-4.17%
shed 4.17% to $299.53 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index
COMP,
-2.43%
falling 2.43% to 12,821.22 and Dow Jones Industrial Average
DJIA,
-0.32%
falling 0.32% to 33,035.93.

This was the stock’s second consecutive day of losses.

Meta Platforms Inc. closed $31.01 below its 52-week high ($330.54), which the company reached on October 12th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Apple Inc.
AAPL,
-1.35%
fell 1.35% to $171.10, Microsoft Corp.
MSFT,
+3.07%
rose 3.07% to $340.67, and Alphabet Inc. Cl C
GOOG,
-9.60%
fell 9.60% to $126.67.

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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