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Shares of Facebook Inc. Cl A (FB) slid 1.32% to $329.22 Thursday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 1.05% to 14,654.02 and the Dow Jones Industrial Average rising 0.98% to 34,754.94. The stock's fall snapped a two-day winning streak. Facebook Inc. Cl A closed $55.11 short of its 52-week high ($384.33), which the company reached on September 1st.
The stock underperformed when compared to some of its competitors Thursday, as Microsoft Corp. (MSFT) rose 0.59% to $294.85, Alphabet Inc. Cl A (GOOGL) rose 1.21% to $2,784.50, and Twitter Inc. (TWTR) rose 4.37% to $63.97. Trading volume (28.1 M) eclipsed its 50-day average volume of 14.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 7, 2021.
(END) Dow Jones Newswires
October 07, 2021 16:31 ET (20:31 GMT)
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