Twitter Inc. Stock Falls Tuesday, Underperforms Market
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Shares of Twitter Inc. (TWTR) slipped 2.03% to $43.43 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.26% to 36,398.21 and the S&P 500 Index falling 0.10% to 4,786.35. The stock's fall snapped a two-day winning streak. Twitter Inc. closed $37.32 short of its 52-week high ($80.75), which the company reached on February 25th.
The stock underperformed when compared to some of its competitors Tuesday, as Microsoft Corp. (MSFT) fell 0.35% to $341.25, Alphabet Inc. Cl A (GOOGL) fell 0.82% to $2,933.74, and Meta Platforms Inc. (FB) rose 0.01% to $346.22. Trading volume (8.8 M) remained 9.4 million below its 50-day average volume of 18.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 28, 2021.
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December 28, 2021 17:27 ET (22:27 GMT)
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