Meta Platforms Inc. stock outperforms market on strong trading day

Shares of Meta Platforms Inc. META,
inched 0.13% higher to $163.49 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index COMP,
falling 0.15% to 11,247.58 and Dow Jones Industrial Average DJIA,
falling 0.67% to 30,772.79. This was the stock’s second consecutive day of gains. Meta Platforms Inc. closed $220.84 short of 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 Wednesday, as Microsoft Corp. MSFT,
fell 0.37% to $252.72, Alphabet Inc. Cl A GOOGL,
fell 2.34% to $2,227.07, and Twitter Inc. TWTR,
rose 7.90% to $36.75. Trading volume (16.5 M) remained 15.1 million below its 50-day average volume of 31.6 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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