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Shares of Meta Platforms Inc. META inched 0.16% higher to $160.19 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index COMP falling 0.16% to 12,348.76 and Dow Jones Industrial Average DJIA falling 1.23% to 32,396.17. This was the stock's second consecutive day of gains. Meta Platforms Inc. closed $224.14 below its 52-week high ($384.33), which the company achieved on September 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Microsoft Corp. MSFT fell 1.15% to $274.82, Alphabet Inc. Cl A GOOGL rose 0.24% to $115.13, and Twitter Inc. TWTR rose 0.22% to $40.98. Trading volume (27.2 M) remained 3.7 million below its 50-day average volume of 30.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 2, 2022.
(END) Dow Jones Newswires
August 02, 2022 16:31 ET (20:31 GMT)
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