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Shares of Meta Platforms Inc. (META) shed 2.03% to $167.11 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.23% to 32,803.47 and the NASDAQ Composite Index falling 0.50% to 12,657.55. The stock's fall snapped a four-day winning streak. Meta Platforms Inc. closed $217.22 short of its 52-week high ($384.33), which the company reached on September 1st.
The stock underperformed when compared to some of its competitors Friday, as Microsoft Corp. (MSFT) fell 0.26% to $282.91, Alphabet Inc. Cl A (GOOGL) fell 0.61% to $117.47, and Twitter Inc. (TWTR) rose 3.56% to $42.52. Trading volume (25.7 M) remained 5.2 million below its 50-day average volume of 30.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 5, 2022.
(END) Dow Jones Newswires
August 05, 2022 16:31 ET (20:31 GMT)
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