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Shares of Meta Platforms Inc. META inched 0.52% higher to $159.93 Monday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index COMP falling 0.18% to 12,368.98 and Dow Jones Industrial Average DJIA falling 0.14% to 32,798.40. The stock's rise snapped a two-day losing streak. Meta Platforms Inc. closed $224.40 short of its 52-week high ($384.33), which the company achieved on September 1st.
The stock outperformed some of its competitors Monday, as Microsoft Corp. MSFT fell 0.97% to $278.01, Alphabet Inc. Cl A GOOGL fell 1.26% to $114.86, and Twitter Inc. TWTR fell 1.73% to $40.89. Trading volume (40.4 M) eclipsed its 50-day average volume of 30.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 1, 2022.
(END) Dow Jones Newswires
August 01, 2022 16:31 ET (20:31 GMT)
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