Meta Platforms Inc. Stock Outperforms Competitors On Strong Trading Day
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Meta Platforms Inc. (META) rose 1.92% to $197.75 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 0.05% to 11,434.05 and the Dow Jones Industrial Average falling 0.87% to 31,874.57. This was the stock's third consecutive day of gains. Meta Platforms Inc. closed $39.11 below its 52-week high ($236.86), which the company reached on April 5th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Apple Inc. (AAPL) rose 0.26% to $152.99, Microsoft Corp. (MSFT) rose 1.78% to $265.44, and Alphabet Inc. Cl C (GOOGL) rose 2.44% to $96.55. Trading volume (41.2 M) eclipsed its 50-day average volume of 32.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 15, 2023.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
March 15, 2023 16:32 ET (20:32 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.