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Shares of Meta Platforms Inc. META advanced 6.55% to $169.58 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP rising 4.06% to 12,032.42 and the Dow Jones Industrial Average DJIA rising 1.37% to 32,197.59. The stock's rise snapped a three-day losing streak. Meta Platforms Inc. closed $214.75 short of its 52-week high ($384.33), which the company reached on September 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Microsoft Corp. MSFT rose 6.69% to $268.74, Alphabet Inc. Cl A GOOGL rose 7.66% to $113.06, and Twitter Inc. TWTR rose 1.30% to $39.85. Trading volume (37.1 M) eclipsed its 50-day average volume of 28.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 27, 2022.
(END) Dow Jones Newswires
July 27, 2022 16:31 ET (20:31 GMT)
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