Meta Platforms Inc. stock outperforms competitors despite losses on the day

Shares of Meta Platforms Inc.
META,
-0.45%
slumped 0.45% to $271.39 Monday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index
COMP,
-0.09%
falling 0.09% to 13,229.43 and Dow Jones Industrial Average
DJIA,
-0.59%
falling 0.59% to 33,562.86.

Meta Platforms Inc. closed $3.96 below its 52-week high ($275.35), which the company reached on June 2nd.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Apple Inc.
AAPL,
-0.76%
fell 0.76% to $179.58, Microsoft Corp.
MSFT,
+0.16%
rose 0.16% to $335.94, and Alphabet Inc. Cl C
GOOG,
+1.12%
rose 1.12% to $126.63.

Trading volume (20.7 M) remained 2.1 million below its 50-day average volume of 22.8 M.

Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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