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Shares of Twitter Inc. (TWTR) slid 9.67% to $40.72 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 2.39% to 4,023.89 and the Dow Jones Industrial Average rising 1.47% to 32,196.66. This was the stock's sixth consecutive day of losses. Twitter Inc. closed $32.62 below its 52-week high ($73.34), which the company reached on July 23rd.
The stock underperformed when compared to some of its competitors Friday, as Microsoft Corp. (MSFT) rose 2.26% to $261.12, Alphabet Inc. Cl A (GOOGL) rose 2.84% to $2,321.01, and Meta Platforms Inc. (FB) rose 3.86% to $198.62. Trading volume (101.5 M) eclipsed its 50-day average volume of 59.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 13, 2022.
(END) Dow Jones Newswires
May 13, 2022 17:24 ET (21:24 GMT)
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