Twitter Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Twitter Inc. (TWTR) slipped 0.67% to $38.44 Friday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.08% to 4,662.85 and the Dow Jones Industrial Average falling 0.56% to 35,911.81. This was the stock's third consecutive day of losses. Twitter Inc. closed $42.31 below its 52-week high ($80.75), which the company reached on February 25th.
The stock underperformed when compared to some of its competitors Friday, as Microsoft Corp. (MSFT) rose 1.77% to $310.20, Alphabet Inc. Cl A (GOOGL) rose 0.64% to $2,789.61, and Meta Platforms Inc. (FB) rose 1.66% to $331.90. Trading volume (14.8 M) remained 2.7 million below its 50-day average volume of 17.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 14, 2022.
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January 14, 2022 17:27 ET (22:27 GMT)
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