Twitter Inc. Stock Falls Thursday, Underperforms Market
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Shares of Twitter Inc. (TWTR) slid 3.85% to $38.70 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.42% to 4,659.03 and Dow Jones Industrial Average falling 0.49% to 36,113.62. This was the stock's second consecutive day of losses. Twitter Inc. closed $42.05 below its 52-week high ($80.75), which the company achieved on February 25th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Microsoft Corp. (MSFT) fell 4.23% to $304.80, Alphabet Inc. Cl A (GOOGL) fell 2.01% to $2,771.74, and Meta Platforms Inc. (FB) fell 2.03% to $326.48. Trading volume (15.0 M) remained 2.3 million below its 50-day average volume of 17.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 13, 2022.
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(END) Dow Jones Newswires
January 13, 2022 17:27 ET (22:27 GMT)
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