Twitter Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Twitter Inc. (TWTR) advanced 2.49% to $38.32 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.02% to 4,088.85 and the Dow Jones Industrial Average rising 1.34% to 32,654.59. The stock's rise snapped a seven-day losing streak. Twitter Inc. closed $35.02 below its 52-week high ($73.34), which the company achieved on July 23rd.
The stock outperformed some of its competitors Tuesday, as Microsoft Corp. (MSFT) rose 2.03% to $266.82, Alphabet Inc. Cl A (GOOGL) rose 1.77% to $2,329.46, and Meta Platforms Inc. (FB) rose 1.29% to $202.62. Trading volume (44.9 M) remained 16.5 million below its 50-day average volume of 61.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 17, 2022.
(END) Dow Jones Newswires
May 17, 2022 17:25 ET (21:25 GMT)
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