Twitter Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Twitter Inc. (TWTR) shed 1.54% to $42.76 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.14% to 4,793.06 and the Dow Jones Industrial Average rising 0.25% to 36,488.63. This was the stock's second consecutive day of losses. Twitter Inc. closed $37.99 short of its 52-week high ($80.75), which the company achieved on February 25th.
The stock underperformed when compared to some of its competitors Wednesday, as Microsoft Corp. (MSFT) rose 0.21% to $341.95, Alphabet Inc. Cl A (GOOGL) fell 0.02% to $2,933.10, and Meta Platforms Inc. (FB) fell 0.95% to $342.94. Trading volume (8.7 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 29, 2021.
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December 29, 2021 17:27 ET (22:27 GMT)
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