Twitter Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Twitter Inc. (TWTR) slipped 2.48% to $46.09 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.65% to 3,935.18 and Dow Jones Industrial Average falling 1.02% to 31,834.11. This was the stock's fourth consecutive day of losses. Twitter Inc. closed $27.25 short of its 52-week high ($73.34), which the company reached on July 23rd.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Microsoft Corp. (MSFT) fell 3.32% to $260.55, Alphabet Inc. Cl A (GOOGL) fell 0.69% to $2,272.05, and Meta Platforms Inc. (FB) fell 4.51% to $188.74. Trading volume (24.7 M) remained 33.8 million below its 50-day average volume of 58.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 11, 2022.
(END) Dow Jones Newswires
May 11, 2022 17:25 ET (21:25 GMT)
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